Prospera Energy Inc. V.PEI

Alternate Symbol(s): GXRFF

Energy Oil & Gas E&P

Prospera Energy Inc. is an energy company based in Western Canada, specializing in the exploration, development, and production of crude oil and natural gas. The Company is primarily focused on optimizing hydrocarbon recovery from legacy fields through environmentally safe and efficient reservoir development methods and production practices. It has 100% ownership of the Luseland asset, which has oil reserve of an estimated 280 million barrels of Original Oil in Place (OOIP). Additionally, the Company has gained 100% ownership of the Hearts Hill property, which contains the highest API oil (17API) among the three heavy-oil assets and holds upside potential in the Sparky formation. In Cuthbert, it has a working interest of approximately 86%. Both Hearts Hill and Cuthbert assets have full infrastructure in place with facilities that can handle approximately 75,000-barrels of emulsion each. The Company's Pouce Coupe property is located in Alberta.

TSXV:PEI - Post by User

Prospera Energy Inc. > Volume

<< Previous

Bullboard Posts

Next >>

Comment by Rob0012on Aug 24, 2022 10:36am

261 Views

Post# 34916872

RE:Volume

Really? 10k as of now today.
Huge current asset over current liability deficeincy. Low 368 BOED production. 88,000,000 (!!!!) 5 cent outstanding warrants. 2 horizontal testing pilots ongoing, woohoo! What are the catalysts here to promote investment? Are there researches available? No corporate presentation? Com'on...sell it to me!
Rob
PS better have a look and take advantage of today dip on Arrow exploration (AXL). Read the today NR carefully and llok at what the furutre is for that one. Mkt is reacting to production results not as good as expected and problems still ongoing with one well (to be fixed any day). Won't talk about AXL again on this board.

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario