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.

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Prairie Provident Resources Inc > New well producing 961 boe/d

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Comment by filefishon Dec 15, 2021 5:25am

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Post# 34231708

RE:New well producing 961 boe/d

Its a flush production rate, but if PPR can maintain 5kboe/d and have some unhedged oil production going into 2022, their chance for survival will have increased some. Some poor hedges on the books now will be rolling off in 2 weeks.