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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 InvestLargeCon Jan 08, 2019 12:40pm
57 Views
Post# 29200979

RE:Jan 7/19 Prices @ 8:00 am

RE:Jan 7/19 Prices @ 8:00 am
"The Canadian heavy oil differential moved against the West Texas Intermediate (WTI) benchmark on Monday to its narrowest level in more than a year, as traders tried to sort out the impact of the Alberta government’s mandated production cuts:
 
Western Canada Select (WCS) heavy blend crude for February delivery in Hardisty, Alberta, traded on Monday afternoon for a differential as little as $9.75 a barrel below WTI crude futures, compared with Friday’s settle at $11.25 below WTI, according to Net Energy Exchange.
 
The intraday low is the lowest differential, or discount, on Canadian heavy crude to WTI since September, 2017, according to Net Energy data."
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