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Prairie Provident Resources Inc T.PPR

Alternate Symbol(s):  PRPRF

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.


TSX:PPR - Post by User

Comment by ogod00on Nov 20, 2017 4:40am
99 Views
Post# 26994211

RE:new presentation

RE:new presentationnice presentation IMO, but at very end where it mentions 32 percent discount of pdp , essentially price has been cut in half in a year where all targets were met, oil up by 40 percent,and it is  worth 30 percent less than what it was before all the improvements, ,, how an analyst can come up with a target of 2 dollars is a real mystery , and the 35 million drilling commitment has disapeared from view
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