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Prospera Energy Inc. V.PEI

Alternate Symbol(s):  GXRFF

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

Post by Gringottson Jan 26, 2024 7:53am
233 Views
Post# 35846635

Rockstone Research on PEI

Rockstone Research on PEI

Very thorough research article released today. PEI is definitely the place to be in the Canadian oil and gas sector this year.

https://rockstone-research.com/index.php/en/research-reports/620-Prospera-Energy-soars-from-restructuring-to-resurgence-with-striking-oil-and-gas-growth

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