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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
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Post by filefishon Feb 23, 2022 12:41pm
203 Views
Post# 34454313

2022 Capital budget and Guidance

2022 Capital budget and Guidance https://stockhouse.com/news/press-releases/2022/02/22/prairie-provident-announces-2022-capital-budget-guidance

No wonder the stock is going no where.
Take aways:
No reduction in LT debt in forecast.
Little increase in production unless they are factoring in the non core production sale.
CFO leaving  - never good news
Hopefully they are being very conservative in their numbers , but on balance 2022 looks like a year of treading water.  
Anyone have an idea what they might be able to get on the Non Core sale, which includes 1k boe/d?



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