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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 > No sale - non core assets
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Post by filefishon Jun 13, 2022 6:25am
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Post# 34750949

No sale - non core assets

No sale - non core assetshttps://stockhouse.com/news/press-releases/2022/06/12/prairie-provident-updates-2022-capital-budget-and-non-core-disposition-process

They tried to sugar coat this the best they could, but if energy properties cant sell at an acceptable price in this market environment, then ...................
Looks like their budgeted captial will be moving from fresh new well drills to recompletions yielding 15-20 boe/d wells.
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