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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

Post by SilverSamon Nov 03, 2024 3:15pm
97 Views
Post# 36294389

ANOTHER POSSIBILITY....

ANOTHER POSSIBILITY....This is a bit of a longshot, but cannot be entirely dismissed either.

The company has just been refinanced.  They have millions in tax credits from which a potential suitor could greatly benefit.  The CEO has just resigned.  Add them up, and there is still the possibility of a deal with an outside player. 

Not saying it is going to happen.  Just saying the possibility is real.
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