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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 Jandy2102on Apr 05, 2024 9:43pm
140 Views
Post# 35974316

RE:As seen on CEO.ca

RE:As seen on CEO.caYup.  Look at all the delinquencies on wells listed by the surface rights board.  I'm sure that's just a drop in the bucket considering a lot of land owners don't know how to file and go through the process. 
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