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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 Sep 14, 2024 5:34pm
85 Views
Post# 36224043

RE:What Goes 'Round, Comes 'Round...

RE:What Goes 'Round, Comes 'Round...SilverSam,
Thanks for the memories.
I have a similar experience as a shareholder of these companies.
Mine took me from Canadian 88 > Sonde >Marquee > Prairie Provident.
I was convinced when Richard Thompson, former CEO of MQX said that Marquee's Michichi / Drumheller area properties were ripe for profitable development by a small , well financed oil company, if only Marquee had access to the funds. Unfortunately, for various reasons , none of these Jr's were able to gain traction there. After being acquired by PPR, I maintained hope that they, being a "larger company" would be able to develop Michichi. and oh yes, our NAFTA lottery ticket. Then came Covid and rapid sucession of management, property liquidations and here we are today, left with Michichi as the new Core area. Like a faithful dog I am going to stick around to the bitter end and see how this plays out. 
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