Prospera Energy Inc. V.PEI

Alternate Symbol(s): GXRFF

Energy Oil & Gas E&P

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.

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Prospera Energy Inc. > Guru

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Comment by McBollyon Dec 26, 2024 11:40am

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Post# 36377667

RE:RE:Guru

Absolutely. And if this is how he is handling debts for contracts that he let the company sign knowing that they couldn't pay, then he wasn't just complicit, he facilitated it all. Makes me wonder if he was signing off on expenses including his own while not paying vendors and borrowing money from shareholders.
After this debacle he will never be a CFO again at least.

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