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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.


TSX:PPR - Post by User

Prairie Provident Resources Inc
Bullboard Posts
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(2)
•••
Comment by InvestLargeCon Dec 13, 2018 1:56am
51 Views
Post# 29107668

RE:RE:RE:PPR: WCS at C$55, Edm. light at C$64, NAFTA outcome coming

RE:RE:RE:PPR: WCS at C$55, Edm. light at C$64, NAFTA outcome coming
stockfy wrote:
Following the Alberta Government’s announcement, the WCS differential outlook has improved significantly. Athabasca expects differentials to moderate in 2019 supported by the Industry Curtailments (325,000 bbl/d), additional crude by rail (currently ~275,000 bbl/d), the start-up of Northwest Refining’s Sturgeon Refinery (80,000 bbl/d) and the Enbridge Line 3 replacement project in H2 2019 (375,000 bbl/d).

 


I can't say that ATH's calculations are not realistic. WCS differential has reached numbers below 9 and maybe it could hold them below 15 for a long time. 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities