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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 SilverSamon Mar 25, 2022 7:47pm
184 Views
Post# 34547347

RE:RE:this will rocket once earnings are released

RE:RE:this will rocket once earnings are releasedPPR needs two things to happen in order to significantly reduce the debt so that this thing becomes a multi-bagger from its current share price:  a favourable ruling from the tribunal regarding its disputed assets, and a successful asset sale of their non-core assets currently up for sale.  These two, along with a continued-strong oil price over the next 6-12 months, will end PPR status as a penny stock.  Let's ride this one all the way up, guys!
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