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Prairie Provident Resources Inc T.PPR

Alternate Symbol(s):  PRPRF

Energy Oil & Gas E&P
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

Prairie Provident Resources Inc > Not Many Positives...
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Comment by SilverSamon Apr 05, 2024 10:11am
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Post# 35972541

RE:RE:RE:RE:RE:RE:RE:Not Many Positives...

RE:RE:RE:RE:RE:RE:RE:Not Many Positives...And if the company is not able to refinance before the arrival of summer, PCEP, as the majority shareholder, could simply declare that they will buy out the remaining shareholders and take the company private.  Fair value, in this case, could also be considered much lower than current market value, since the alternative would be a firesale of the company.
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