Prairie Provident Resources Inc T.PPR

AER application 9/27/21

[filefish]

Looks like its in the Michichi area:

Sep 27, 2021

Prairie Provident Resources Canada Ltd. has applied under the provisions of the Public Lands Act for a NEW AER Mineral Surface Lease for the purpose of Wellsite, PNG Production (SW).

33-018-10W4M

[Justhalffull]

These Michichi wells are reasonably cheap to drill, so hopefully they drill up enough to up their production barrels.

[filefish]

I am not familiar with the AER terminology , but I think that this application is for a gas plant which converts production to liquified natural gas, as opposed to a standard well application. Sounds like a material investment and would certainly add value to current production at Michichi. But I may be wrong.....

[Anthdino]

Good point... but either way I love seeing ppr making moves.

[energee]

The SW 33 is at Princess where PPR bought/leased the Crown PNG mineral rights (at a Crown land sale of mineral rights) for the SW Sec. 33 and SE Sec. 32 for a total of $60K in November of 2020.  Looks like they are now getting ready to secure the surface lease and then drill their lands. The AER application is likely just for the surface rights (a MSL is for Crown-owned surface access). See

[filefish]

Energee, thanks for the research and clarification about this. Hopefully they can get a 3rd Princess well drilled and completed before year end.