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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 Thor44on May 12, 2022 10:21pm
145 Views
Post# 34680178

RE:RE:Shareholder Meeting on 5/26/22

RE:RE:Shareholder Meeting on 5/26/22Totally agree.  If this company has any chance they have to go, and at the very least the chairman of the board who has taken the company down once if not twice and has been around forever.   How does he get votes and how does he stay in his job? I heard through the grapevine most of them were voted off the island last year but at the 11th hour they sucked up to a major shareholder and got to 60%ish vote (which at most companies board members would step down).  It is the ultimate cronyism.  I hope everyone votes as ppr is held mostly by retail and it will make a big difference.  Get rid of the cronies and give this company a chance to hire good people and do something about the ever mounting burden of their debt.
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