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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 19, 2024 6:19pm
66 Views
Post# 36232054

RE:RE:RE:New well application

RE:RE:RE:New well applicationAgree about the likelihood of a share consolidation. A company this size should have about 50 mil o/s shares. In this case there would be a 1 for 25 reverse split and share price would be 1.00
assuming. 04 pre split price. 
They need to expedite this new well and keep shareholders informed on every step of its progress. 
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