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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

Post by maramos98on Oct 21, 2021 7:44pm
291 Views
Post# 34035431

PPR Gas Hedges

PPR Gas HedgesReviewing the gas hedges listed on the last company presentation, For Q1/21 and Q2/21 all hedges were swaps at $1.71. Q3/21, two thirds are swaps at $1.71.For Q4/21 only a quarter are swaps at $1.71. For Q3 & Q4, remaining gas hedges are collars with a cap of $3.62. Should see significant gas revenue increases in Q4 due to improved hedge pricing. Also from the same presentation, $200,000 in AFF for every .10 cent/mcf increase (AECO)
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