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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 filefishon Apr 22, 2021 2:20pm
124 Views
Post# 33046260

RE:RE:New company presentation

RE:RE:New company presentationAt least someone found time in their busy schedule to update the Presentation, if not the website ..
Fully funding at those prices is not saying much.
Since 2 new wells are not going to make much of a dent on the debt balance, looks like we wait for a verdict on Nafta to see if there is any future with PPR or if they can find a white knight.

tfULLY
Ikeros wrote: "Annual cash interest charges down from 9,3MM to 5,3MM"

"Assumed the following average 2021 commodity prices: WTI USD $61.50/bbl, AECO $2.80/mcf, MSW Diff of $7.00/bbl and WCS $16.00/bbl and USD$1 to CAD$1.26, 2021 capital program and ARO expenditures are expected to be fully funded".


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