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 11:58am

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Post# 36377683

RE:RE:RE:RE:Guru

Possibly. I sort of doubt he did anything wrong accounting wise. He didn't hide any of this in the financials, it was all there. But certainly as a CFO he will not act in the best interest of the shareholders above his own personal interests. And when he knows something is wrong with the company he won't whistleblow as he should. The stain from this outcome is not one he will be able to wash out.

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