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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 > And so it begins..
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Comment by Gringottson Aug 16, 2023 9:36am
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Post# 35590675

RE:And so it begins..

RE:And so it begins..It certainly has begun. I imagine the projected numbers given by management for the drilling campaign are low-ball numbers - I believe they will come in much higher! 

I wonder if they will release results in batches... Regardless, exciting times await PEI and its investors. 
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Dealroom for high-potential pre-IPO opportunities