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Prairie Provident Resources Inc T.PPR

Alternate Symbol(s):  PRPRF

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

Comment by filefishon Apr 12, 2024 10:15am
95 Views
Post# 35985452

RE:RISING OIL PRICES...

RE:RISING OIL PRICES...With the debt wall PPR is facing in 75 days, rising oil prices are coming too little , too late. The Board of Directors need to strike a deal with the Lender or merge the Company between now and then. Share trading is very light, so there is no telling what is going on behind the scenes.
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