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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 matt2018on Oct 25, 2023 9:14pm
98 Views
Post# 35701318

RE:Q3 report scheduled for Nov 8

RE:Q3 report scheduled for Nov 8Exactly what is the deal with this company?
Seems like it went through alot of exercises to stay public but didnt exactly raise a boatload of new money.
At the same time, you have to admire the determination by insiders to take haircuts on debt, put some new money in, revise the original arangement in order to make it work.
They obviously believe in it.
Thats good enough for me to invest a little here.


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