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.

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Prospera Energy Inc. > Reverse split needed

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Comment by AlfTanneron Mar 15, 2023 9:49am

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Post# 35339451

RE:RE:Reverse split needed

I am just saying a $1 stock price is much more attractive to institutions. Under $1 makes it look like a dilution machine scam. A lot of institutions will not touch a stock under $1 no matter how good the fundamentals are. Just because other stocks have a ridiculous share count does not make it a good idea. If management does not fix the share count, it shows they are not serious about having a successful company. This kind of share price tends to attract penny stock flippers rather than long term investors.

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Advancing flagship Ishkõday Gold Project in Ontario