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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 > Prairie Provident loses $ 9.9 million in Q3 2021
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Comment by Justhalffullon Nov 10, 2021 8:46pm
148 Views
Post# 34112995

RE:RE:Prairie Provident loses $ 9.9 million in Q3 2021

RE:RE:Prairie Provident loses $ 9.9 million in Q3 2021Foreigh exchange losses, forced hedging, lower production.  All as expected.  But drill results providing increased production
will provide additional cash flow, which is what PPR is all about.  Profits are a long way off with over $120 million in debt.  
Cash flow will be the driver.  Don't expect dollars per share.  Be happy with 25 cents.
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