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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 > Approved facilities applications cancelled
View:
Post by filefish on Aug 13, 2022 11:12am

Approved facilities applications cancelled

https://webapps.aer.ca/pnoa
Type in keyword - prairie provident
On 8/10/22 4 previously approved facilities applications were cancelled.
Any ideas?
Comment by Roscoe747 on Aug 13, 2022 12:19pm
No funding/ Cancelled in favour of tweaking existing wells with adequate infrastructure? The only alternative is a relaxation of the death grip lenders have on cheap hedges that force PPR to forego all the upside of this new bull market for oil. PPR needs to find a way out of the penalty box and use the upside to reduce debt.
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