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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 auburn2on Feb 02, 2019 4:21pm
105 Views
Post# 29310615

RE:NAFTA Dispute

RE:NAFTA DisputeIt would just mean the company is better capitalized and less likely to want to sell out at keast at prices that seem reasonable without that injection. The 60 cents price I mentioned adds only about $66 million to the enterprise value. They could get a much better price with more capital. The SP would immediately re-rate.
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