Post by
filefish on Aug 08, 2022 7:38am
Q2 report this morning
https://stockhouse.com/news/press-releases/2022/08/08/prairie-provident-resources-announces-strong-second-quarter-2022-xa0-financial
Unfortunately, little progress has been made on the debt.
They need to get an overall refinancing done. Everything else is way down the priority list.
Comment by
Buyreallow on Aug 08, 2022 8:29am
Those damned bank forced hedges cost us over $9 million in the quarter.
Comment by
Buyreallow on Aug 08, 2022 9:25am
Well not everything. They really must have a capital spending budget to offset the 15% or so decline rate, otherwise their revenue will fall drastically if their production numbers fall below the hedged oil and gas.