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Prospera is a clean and safe energy producer with oil and gas operations in Western Canada. The company applies modern and cost-effective horizontal drilling techniques to reduce environmental footprint of numerous vertical wells.





 

Bullboard - Investor Discussion Forum 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... see more

TSXV:PEI - Post Discussion

Prospera Energy Inc > And so it begins..
View:
Post by TheCardinal on Aug 16, 2023 8:35am

And so it begins..

... and with oil prices steadily on the rise, every incremental
new barrel means that much more revenue.  

The pieces are in place, now just drill ... and drill... and drill! 
Comment by Gringotts on Aug 16, 2023 9:36am
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. 
Comment by TheCardinal on Aug 16, 2023 3:20pm
Regular updates is unquestionably the right PR strategy, and I  think they're smart enough to understand that.... as they say in  Show Business....  "Always leave 'em wanting more!" 
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Investment Opportunity

Prospera Significantly Expands Oil & Gas
Asset Value


Total proved plus probable (TPP) reserves increased 569%

Corresponding increase in NPV to a gain of $56.2 million

TPP reserve life index also lengthened from 10.1 to 22.8 years


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