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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

Post by energeeon Feb 02, 2021 10:10pm
146 Views
Post# 32455037

MGMT Paralysis

MGMT Paralysis PPR is playing in their sandbox without a shovel. Time to get it in gear PPR management.

As a start, they might want to update the February 2020 presentation. Management and Board are aware of the scutiny they are under, but no response. This public Company does not update shareholders in a normal way. No news, no followers, no interest. That is lame.

The assets appear to have good value with upside - likely far greater than the market gives them credit for but - the Prudential debt is an overhang.

Time to work on a plan that increases SP. This is the ONLY reason I am here.

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