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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. > Where is the investor presentation?
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Comment by Trademark11on Oct 20, 2023 7:34am
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Post# 35692532

RE:RE:RE:RE:RE:RE:RE:RE:RE:Where is the investor presentation?

RE:RE:RE:RE:RE:RE:RE:RE:RE:Where is the investor presentation?Sure.  Their forcasted annualized production was set at 1297 boe/day. Drill program was delayed 2 months into august.  Shut ins required on fields being perffed; in this case the Cuthbert field.  Linear regression of median wells with 17 API over the projected 10 well program translates to 1346 boe/d from Cuthbert drills alone.  Same basic grade 12 math applied to Pekisco formation in medium viscosity yields 1285 boe/d from proposed 8 wells.    Add another 20 heavy wells over the winter. Agreed IP7 is useless, Samuel stated as much on two podcasts; it is flush production and in bank oil.  IP30,60 and 90 are required.  
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