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Prairie Provident Resources Inc T.PPR

Alternate Symbol(s):  PRPRF

Prairie Provident Resources Inc. is a Canada-based oil and natural gas exploration company. The Company is engaged in the exploration and development of oil and natural gas, with conventional operations primarily focused on the Western Canadian Sedimentary Basin in Alberta. Its operating areas include Michichi, Princess and Evi. Its assets primarily consist of light and medium oil associated natural gas. The Company is primarily focused on development of its Wheatland and Princess properties in Southern Alberta and its Evi area located in the Peace River Arch area of Northern Alberta. Its Princess area in Southern Alberta is engaged in the development of the Glauc and Ellerslie formations. The Company's assets cover approximately 375,000 acres of area in Alberta. Its wholly owned subsidiaries include Prairie Provident Resources Canada Ltd., Lone Pine Resources Inc., Lone Pine Resources (Holdings) Inc., Arsenal Energy USA Inc. and Arsenal Energy Holding Ltd.


TSX:PPR - Post by User

Comment by ValuePumpKingon Oct 08, 2017 4:20pm
53 Views
Post# 26791023

RE:New company - huge value to be unlocked here

RE:New company - huge value to be unlocked hereThis company is trading at such a deep discount to NAV it's incredible!! Actually is the most undervalued oil gas company in all of North America! The Alberta assets alone are worth $1.25 conservatively! Then here comes the real kicker, hidden Quebec shale assets. They own the old forest oil acreage.. Alone at this point in the game by questerre valuation of 600 peracre. Puts this company Quebec assets to be worth 180 million. Wish is $1.75 per share So basic scrap value the stock is worth $3.00 on a sum of parts valuation NACHO boy is correct here! Load the boat and don't look back!!! Train is leaving the station
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