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Prospera Energy Inc V.PEI

Alternate Symbol(s):  GXRFF

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

Comment by borne2runon Oct 19, 2023 10:19pm
143 Views
Post# 35692289

RE:RE:RE:RE:RE:RE:RE:RE:Where is the investor presentation?

RE:RE:RE:RE:RE:RE:RE:RE:Where is the investor presentation?Trademark Pumper, care to comment on the July presentation?
Prospera forecast production of approx 1,300 boe per day, 470k for 2023.

Bet they don't even produce half that amount.
Then there will be more excuses such as, it was hot in the summer.
Only a clown outfit releases initial production after 7 days.


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