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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 poppagasketon Sep 29, 2022 11:12am
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Post# 34994878

two increasing items, one decreasing item

two increasing items, one decreasing item1 - significant increase in oil production
2 - increase in price of product
3 - decrease in costs (G & A), etc  in percentage terms

what's not to like :)
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