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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 Mar 26, 2021 1:34pm
94 Views
Post# 32887140

RE:RE:Re NAFTA case

RE:RE:Re NAFTA caseIf they win, and are only awarded $50 million, it's still $50 million in cash flow.  How they use the cash is just another book keeping entry.  Pay down debt, more capital spending, whatever the choice.  The statement make it look as if they do not think they will get anything out of the litigation.
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