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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 Nov 11, 2021 4:59pm
174 Views
Post# 34117004

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

RE:RE:RE:RE:RE:Prairie Provident loses $ 9.9 million in Q3 2021I am not counting on a significant NAFTA settlement. Its already been in the courts way too long. 
If they happen to get anything at all it will probably be immaterial. Thats just the way it see it. They will have to continue to slug it out in the finanacial trenches with the lenders.
 

Justhalffull wrote: I don't think the 2022 hedges are much better than the 2021s.  And they even have some 2023 gas hedges in the 3 dollar range.  See page 22 and 23 of their q3 financials on SEDAR.  A NAFTA settlement of $30 or $40 million would do the trick.


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