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Prospera Energy Inc V.PEI

Alternate Symbol(s):  GXRFF

Energy Oil & Gas E&P
Prospera Energy Inc. is a Canada-based energy company. The Company specializes in the exploration, development, and production of crude oil and natural gas. Its core properties include Cuthbert, Luseland and Heart Hills in Saskatchewan; and Red Earth and Pouce Coupe in Alberta. Its Phase II restructured development program intends to increase production. The Phase II development entails the drilling of 10 horizontal wells in heavy oil and 8 slanted wells in medium-light oil to accelerate growth and capture the remaining reserves (400 million bbls). It also seeks to reduce its environmental and surface footprint by eliminating the numerous vertical well leases along the lateral path.


TSXV:PEI - Post by User

Prospera Energy Inc
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Post by PressReleaseon Jul 12, 2022 2:11am
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Post# 34817131

New Press Release - Prospera Energy Inc. Announces Year-End 2021 Financial Results

New Press Release - Prospera Energy Inc. Announces Year-End 2021 Financial Results
CALGARY, Alberta, July 12, 2022 (GLOBE NEWSWIRE) -- Prospera Energy Inc. ("Prospera" or the "Corporation") (PEI: TSX-V; OF6B: FRA) is pleased to release its fourth quarter and year-end 2021 financial and operating results. Selected financial and operational information outlined below should be...read article.
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