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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

Comment by traderguy5000on Jun 18, 2024 4:00pm
138 Views
Post# 36094691

RE:RE:RE:RE:PEI.V READY FOR A MOVE HERE

RE:RE:RE:RE:PEI.V READY FOR A MOVE HEREAs you point out, current management inherited the huge AP; they did not create it. On this board and X, many do not get this. Current management is cleaning up the mess created by the previous management. If and when they pay off the AP, the bottom line is going to be awesome, along with the SP. Unfortunately few seem to know or care. If management's forecast is correct, most of the AP will be gone by year end. Help yourseves at 6. There are few believers here right now.
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