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Bullboard - Stock Discussion Forum 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... see more

TSX:PPR - Post Discussion

Prairie Provident Resources Inc > Non core asset sale
View:
Post by Buyreallow on Apr 05, 2022 5:03am

Non core asset sale

The sale announcement, if a buyer was found, should come soon.  I hope to see at least $20 to $25 million in proceeds, and use it to reduce debt. Then drill some wells to replace the 1000 bbls of lost production.  A NAFTA settlement would also do wonders for PPR.
Comment by filefish on Apr 06, 2022 7:21pm
Apparently no bids yet , as of todays posting on Energy Advisors Group. https://www.energyadvisors.com/deal-details/45426/Prairie-Provident-Resources/CENTRAL-ALBERTA-SALE-PACKAGE quote=Buyreallow]The sale announcement, if a buyer was found, should come soon.  I hope to see at least $20 to $25 million in proceeds, and use it to reduce debt. Then drill some wells to replace the 1000 bbls of ...more  
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