Prairie Provident Resources Inc T.PPR

Alternate Symbol(s): PRPRF

Energy Oil & Gas E&P

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

Prairie Provident Resources Inc > PPR Gas Hedges

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Comment by Justhalffullon Oct 22, 2021 4:50pm

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Post# 34039183

RE:RE:RE:PPR Gas Hedges

Not certain they will show a profit for Q3. Their Q2 profit was due to a $35 million impairment loss reversal. They likely won't have this again.
But should be near even, so if they can show a nice jump in cash flow, which they should with higher energy prices, we should see at least 30 cents.
Not sure 50 is in the cards, but I would take it.

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