Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Feb 17, 2022 4:32pm
162 Views
Post# 34439626

RE:RE:ZERO interest in PPR

RE:RE:ZERO interest in PPRI wouldnt call waiting as long as I have been a Marquee shareholder converted over to PPR shares, too impatient. Nor waiting for 7+ years on a decision by the ICSID 
Yes, you are correct about the hedging impact, but by the end of 2022 most of that will be gone and so projecting profitability from that point is what you have to point out to prospective new investors.

Justhalffull wrote: You are too impatient.  PPR will announce their Q4 and FY results in March.  It is then that you will see what gains the quarter has provided.  Unfortunately forced hedging by the bankers will dampen the impact of the high oil prices.  Expect in excell of $3,000,000 for Q4 in hedging losses.  On the bright side, a small amount of the gas hedges fell of in Q4, and a nice chunk of the oil hedges are gon on Dec 31 2021.  So Q1 will fare better.  We just need a decenet Q4 and the sp should nearly double.


<< Previous
Bullboard Posts
Next >>