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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 > Debt and hedging
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Post by Buyreallowon Nov 10, 2022 12:00pm
300 Views
Post# 35088724

Debt and hedging

Debt and hedgingAmazing what a drag on the company their debt and hedges are.  Even with oil prices at extreme levels, they are getting peanuts for their oil after the hedges are accounted for.  And the debt keeps growing as they do not pay the interest, but just add it to the debt.  Man we have to get some of these cheap hedges off.
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Dealroom for high-potential pre-IPO opportunities