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Prospera Energy Inc V.PEI

Alternate Symbol(s):  GXRFF

Energy Oil & Gas E&P
Prospera Energy Inc. is a Canada-based energy company. The Company specializes in the exploration, development, and production of crude oil and natural gas. Its core properties include Cuthbert, Luseland and Heart Hills in Saskatchewan; and Red Earth and Pouce Coupe in Alberta. Its Phase II restructured development program intends to increase production. The Phase II development entails the drilling of 10 horizontal wells in heavy oil and 8 slanted wells in medium-light oil to accelerate growth and capture the remaining reserves (400 million bbls). It also seeks to reduce its environmental and surface footprint by eliminating the numerous vertical well leases along the lateral path.


TSXV:PEI - Post by User

Prospera Energy Inc
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Comment by Quint13on Nov 30, 2018 3:03am
87 Views
Post# 29043640

RE:I would reccomend buying and holding

RE:I would reccomend buying and holdingNailed it bro. I am going to keep my eyes on you- youse a smart cookie!
KingAce wrote: Look at these reserves from 2016.... light oil they have over 300M proven barrels of resource. This company is going to have a price tag in the hundreds of millions in a few years maybe even higher. They are basically pumping Mostly light/medium oil from what I can see. Read this report, with their low debt it is sort of insane how the stock is valued this cheap.  https://www.prosperaenergy.com/i/pdf/form_51-101_f1.pdf


Bullboard Posts
Dealroom for high-potential pre-IPO opportunities