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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 > PEI is now a ...
View:
Post by Gringotts on Aug 18, 2023 2:01pm

PEI is now a ...

...wait and see stock. Less than 13, 510 stocks traded on the TSX so far today and its down 3/4 of a cent. I have not seen such low volume for PEI is a very very long time. By the looks of it, a 1000 shares traded can wipe off 10's of millions of market cap under current conditions. I hope positive drill results are released sooner than later. It is just a matter of time before PEI shines....
Comment by Re1ndeer2 on Aug 18, 2023 6:25pm
Volume up as something positive soon...Patience
Comment by TheCardinal on Aug 19, 2023 9:14pm
Time to "walk the walk"; it really comes down to that.  I'm confident they will.  If their seismic data and log  analysis is correct, all they have to do is follow the  plan and avoid mechanical problems.  That the oil is there - and lots of it - is indisputable.
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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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