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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 Jan 26, 2024 12:38pm
155 Views
Post# 35847277

RE:Rockstone Research on PEI

RE:Rockstone Research on PEIPaid Pump and Dump - read the disclosures

The author of this report, Stephan Bogner, is paid by Zimtu Capital, a TSX Venture Exchange listed investment company. Part of the author’s responsibilities at Zimtu Capital is to research and report on companies in which Zimtu Capital has an investment. So while the author of this report is not paid directly by Prospera Energy Inc. (“Prospera”), the author’s employer Zimtu Capital will benefit from appreciation of Prospera’s stock prices. The author currently does not own any equity of Prospera, but he holds an equity position in Zimtu Capital Corp., and thus will also benefit from volume and price appreciation of its stock. Prospera pays Zimtu to provide this report and other investor awareness services. Since October 2023, Prospera pays Zimtu $7,500 per month. Overall, multiple conflicts of interests exist.



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