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 > PPR

<< Previous

Bullboard Posts

Next >>

Post by Justhalffullon Jul 02, 2021 6:16am

158 Views

Post# 33480904

PPR

Increase in oil could bump the cash flow up to $4 million for Q2, but that's it. Too much hedging losses to improve any more. I think our best hope for the thir quarter is for us to get a NAFTA settlement for $50 million or so, allowing the debt to be nearly halved. Think the $250 million claim will never be agreed to.

<< Previous

Bullboard Posts

Next >>

This junior mining stock offers billions in market exposure