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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 Amamealon Sep 19, 2021 11:40am
85 Views
Post# 33884462

RE:RE:Management changes

RE:RE:Management changes
We will see how they handle the options issue. It is something that matters.
 
Just compared the realized prices of natural gas among peers. 
For the first quarter of 2021: ($/Mcf)
PPR: 3.48
Peyto: 3.06
CNQ: 3.42
 
For the second quarter of 2021: 
PPR: 2.81
Peyto: 2.06
CNQ: 3.17
 
For the last six months' Average Realized Prices of natural gas:
PPR: 3.13
Peyto: 2.55
CNQ: 2.29
 
PPR did an excellent job at the realized price for natural gas.
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