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Prairie Provident Resources Inc T.PPR

Alternate Symbol(s):  PRPRF

Energy Oil & Gas E&P
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

Prairie Provident Resources Inc > New Press Release - Prairie Provident Resources Provides Basal Quartz Drilling Update
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Comment by filefishon Dec 18, 2024 6:49pm
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Post# 36369235

RE:New Press Release - Prairie Provident Resources Provides Basal Quartz Drilling Update

RE:New Press Release - Prairie Provident Resources Provides Basal Quartz Drilling UpdateInitial thoughts: 
Wells underperformed their BQ type projections.
Mechanical problem with well 2, limiting output.
Higher gas to oil % than projected.
At least they now have more revenue coming in, but was also hoping to hear that plans for next round of drills were in the works.
 
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