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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

Post by Buyreallowon Nov 11, 2022 5:58am
260 Views
Post# 35090645

Hedges

HedgesAnother bunch of hedges fall off at the end of December.  If they can find a couple of hundred bbls of new oil and get better prices when hedges fall off, Q1 2023 may see them return to profitability.  Boy do we need a settlement of the NAFTA case giving us some much needed cash.
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