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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.


TSX:PPR - Post by User

Prairie Provident Resources Inc > Debt/Production can be better
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Comment by Justhalffullon Jun 22, 2021 7:03am
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Post# 33425799

RE:RE:RE:RE:RE:Debt/Production can be better

RE:RE:RE:RE:RE:Debt/Production can be betterI just hope PPR doesn't pay him like Gran Tierra did.   He was there for 16 months, and got $287988 in salary, $179862 as a bonus, $187373 in stock options, $753554 as stock and $12597 as other compensation.  Total compensation $1421377 for 16 months.  He does not seem to stay long.  Before PPR he was 3 months at SpectrumH2, 16 months at Gran Tierra, 18 months at Strategic O & G, 3 and one half years at Obsidian, 2 years 9 months at TAQA, 3 months at Terrex 2 years 2 months at Apache. And 8 months at Vermillion.  His longest stint was at Nexen as an Engineer and geologist when he finished school at U Sask in 1998.
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