Prairie Provident Resources Inc T.PPR

Alternate Symbol(s): PRPRF

Energy Oil & Gas E&P

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.

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Prairie Provident Resources Inc

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Comment by oilwatcher13on Dec 11, 2018 8:26am

63 Views

Post# 29095723

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:PPR sells its natural gas 45% above its original estimate!

So your happy with the 75% haircut since the aquisition of MQX, debt and the issue of all those shares... driving this thing into the ground. Maybe the market is saying they won't get that big settlement???

Or maybe it is tax loss selling from MQX share holders, tired of being passed on from one set of Calgary clowns to another...

Just food for thought, but when I see my investment drop by that much, it's far too late to get out... which is sad...

JMHO

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