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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 Artbar1on Dec 21, 2022 12:38pm
231 Views
Post# 35184941

RE:RE:RE:RE:Why is the stock being dumped at 0.10

RE:RE:RE:RE:Why is the stock being dumped at 0.10Is this necesssaarrily bad?  What key folks does PPR require.  I spoke with the new CEO and he lives in Colarado and has done this work for about 40 years.  he seems to be negotiating re financing and attempting to access the best leveraging deal he can muster.   I wonder what Aberta refineries PPR sells to.  He also stated that there is 12-15 years of reserve life, they pay other drillig company and I suspect drilling will be halted due to inclement winter weather. 

Cheers. 
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