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Bullboard - Stock Discussion Forum
Prairie Provident Resources Inc
T.PPR
Alternate Symbol(s):
PRPRF
Energy
Oil & Gas E&P
Prairie Provident Resources Inc. is a Canada-based company engaged in the exploration and development of oil and natural gas properties in Alberta, including a position in the emerging Basal Quartz trend in the Michichi area of Central Alberta. The Company has 167,869 net acres in its Michichi core area with approximately 40 Basal Quartz potential drilling opportunities targeting light/medium...
oil. Its core areas also include Princess. The Company's subsidiaries include Prairie Provident Resources Canada Ltd., Lone Pine Resources Inc., Lone Pine Resources (Holdings) Inc., Arsenal Energy USA Inc. and Arsenal Energy Holding Ltd.
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Bullboard (TSX:PPR)
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(3)
•••
RHertig
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Comment by
RHertig
on May 17, 2023 9:45am
RE:PCEP now owns 75% of PPR
I actually like this transaction. I would have hoped the high price of oil would have helped but mandated hedges killed us. I think you will see expedited reactivations of closed in wells and
...more
(66)
•••
filefish
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Post by
filefish
on May 16, 2023 5:36pm
PCEP now owns 75% of PPR
The Former Noteholder, PCEP Canadian Holdco, LLC, acquired 514,408,902 Common Shares pursuant to the Subordinated Notes Settlement, and a further 26,516,207 Common Shares pursuant to the Warrant
...more
Energy Co Unveils Q3 2024 Results: Record Growth & Strategic Expansion
posted Nov 21, 2024 9:00am by
Coelacanth Energy Inc.
-
|
In Q3 2024, Coelacanth started the construction of its planned $80.0 million infrastructure project that includes over 35 kilometers of pipelines and a facility to handle current behind pipe volumes and future expansions. Ultimately the facility will be able to handle approximately 16,000 boe/d of which Coelacanth has approximately 4,400 boe/d tested but shut-in at the 5-19 Two Rivers East pad ...read more
(66)
•••
filefish
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Comment by
filefish
on May 16, 2023 4:19pm
RE:RE:Revised recap transaction plan
Deal is done. Looks like PPR is good to go....
(66)
•••
filefish
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Comment by
filefish
on May 13, 2023 10:10am
RE:Revised recap transaction plan
2 more weeks to wrap this up..... Failure to complete the Equity Financing and the Subordinated Notes Conversion by May 31, 2023 will constitute an event of default under the Second Lien Notes.
(66)
•••
filefish
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Post by
filefish
on Apr 12, 2023 7:20am
Revised recap transaction plan
https://stockhouse.com/companies/bullboard/t.ppr/prairie-provident-resources-inc?postid=35389476 They are really keen to keeping this company alive, at least for a while longer. Must be some company
...more
(0)
•••
PressRelease
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Post by
PressRelease
on Apr 11, 2023 5:25pm
New Press Release - Prairie Provident Resources Announces Amendments to Recapitalization Transactions that Significantly Enhance Value to Shareholders
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATESCALGARY, Alberta, April 11, 2023 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. (TSX: PPR) ("Prairie Provident" or the "Company") announces amendments to the terms of the equity financing and debt...
read article.
(66)
•••
filefish
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Post by
filefish
on Apr 04, 2023 5:53pm
Property sale
2023-03-30 Approved Prairie Provident Resources Canada Ltd. Ember Resources Inc. 3 2 Affected Locations 04-030
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(32)
•••
SilverSam
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Comment by
SilverSam
on Apr 03, 2023 4:56pm
RE:RE:RE:tax pools
I was open to putting fresh money into this had it dipped down to .05 cents, but the Kurdistan issue came to the rescue for oil prices, and now with OPEC cutting back, the price should stabilize near
...more
(66)
•••
filefish
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Comment by
filefish
on Apr 03, 2023 3:23pm
RE:RE:tax pools
According to the report, Shyba is willing to purchase 5mil shares out of the 40mil share equity offering which would in effect average down his cost . Now others will need to put up a total of $3.5mil
...more
(32)
•••
SilverSam
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Comment by
SilverSam
on Apr 03, 2023 2:42pm
RE:tax pools
If Matthew Shyba wants to salvage is investment in PPR, he's definitely going to have to do a lot of averaging down. If I remember correctly, most of his buying was being done around the .20
...more
(66)
•••
filefish
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Post by
filefish
on Apr 01, 2023 6:57pm
tax pools
I think that the reason Prairie Provident is being kept alive ( not necessarily a viable oil company) is their tax pools. At 12/31/22 report shows $527mil of tax pools, $351mil of tax loss
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(66)
•••
filefish
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Post by
filefish
on Apr 01, 2023 8:35am
Disgraceful
https://stockhouse.com/news/press-releases/2023/04/01/prairie-provident-resources-announces-fourth-quarter-and-year-end-2022-financial Disgraceful time of release 3:00am Saturday and even worse
...more
(0)
•••
PressRelease
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Post by
PressRelease
on Apr 01, 2023 2:54am
New Press Release - Prairie Provident Resources Announces Fourth Quarter and Year-End 2022 Financial and Operating Results and Update on Repositioning Plan
CALGARY, Alberta, April 01, 2023 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident", "PPR" or the "Company") announces our operating and financial results for the fourth quarter and year ended 2022. PPR’s audited annual consolidated financial statements and related...
read article.
(0)
•••
PressRelease
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Post by
PressRelease
on Mar 31, 2023 9:15am
New Press Release - Prairie Provident Resources Announces Closing of $5 Million Second Lien Financing
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S. CALGARY, Alberta, March 31, 2023 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. (TSX: PPR) ("Prairie Provident" or the "Company") is pleased to announce that it has completed the issuance of second lien notes...
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