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Bullboard - Stock Discussion Forum 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... see more

TSX:PPR - Post Discussion

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Post by Anthdino on Jul 01, 2021 10:04am

Money

Probally a dumb idea but, wouldn't it be convient to see what ppr makes as oil goes up and up in price. What deals they have going?
Comment by filefish on Jul 01, 2021 4:38pm
You'll have to wait until August 11 to see if they made any money in Q2, even with the higher oil prices. With only about 2k boe/d unhedged production making a decent profit. I will take a very long time to even make a dent in the Debt. The Company should be looking for joint venture farm ins if those are even  possible at this point in time.  
Comment by energee on Jul 01, 2021 11:09pm
FF, I agree completely.
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