Prairie Provident Resources Inc T.PPR

Alternate Symbol(s): PRPRF

Energy Oil & Gas E&P

Prairie Provident Resources Inc. is a Canada-based oil and natural gas exploration company. The Company is engaged in the exploration and development of oil and natural gas, with conventional operations primarily focused on the Western Canadian Sedimentary Basin in Alberta. Its operating areas include Michichi, Princess and Evi. Its assets primarily consist of light and medium oil associated natural gas. The Company is primarily focused on development of its Wheatland and Princess properties in Southern Alberta and its Evi area located in the Peace River Arch area of Northern Alberta. Its Princess area in Southern Alberta is engaged in the development of the Glauc and Ellerslie formations. The Company's assets cover approximately 375,000 acres of area in Alberta. Its wholly owned 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.

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Prairie Provident Resources Inc > New company presentation

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Comment by filefishon Apr 22, 2021 2:20pm

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Post# 33046260

RE:RE:New company presentation

At 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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