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. > Going Forward

<< Previous

Bullboard Posts

Next >>

Post by traderguy5000on Jun 04, 2024 12:31am

311 Views

Post# 36070496

Going Forward

The rest of the year should be interesting. Higher production and revenue, pay off some of the debt. Should put PEI in a much stronger finacial position. Right now the stock gets zero respect. That may improve as the numbers improve. Year end will tell the tale. Hopefuly we will be trading much closer to NPV. If not, well WTF!

<< Previous

Bullboard Posts

Next >>

E3 inches closer to Alberta's first lithium production plant