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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 Justhalffullon Feb 14, 2021 4:01pm
114 Views
Post# 32565542

RE:RE:RE:RE:What Next?

RE:RE:RE:RE:What Next?I don't expect to see any increase in production.  Natural declines likely to see daily production dip to at least the 3000 boe.  This due to shut ins, and decreased capex due to financial pressures to reduce debt.  So not likely any new production this quarter.  Depending on how good (bad) they do with Q4 (should be out soon) we will have an idea of whether or not they can survive.  They are living on the edge right now, I'm afraid.
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