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. > Well 8 SPUD

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Comment by Beast1005on Dec 06, 2023 12:34pm

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Post# 35771249

RE:RE:RE:Well 8 SPUD

ya but if they pay it off in a year then I think it is more than manageable. hope they hit there goals. ya its 14% then gets higher if they don't pay it off how im reading it in a year. if it keeps 2 drills going for abit then it would be worth it if they hit 1800 then 2k barrels. hope oil doesn't drop out...

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