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Prospera Energy Inc V.PEI

Alternate Symbol(s):  GXRFF

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

Post by TheCardinalon May 29, 2023 8:41am
174 Views
Post# 35468461

On the timing of Press Releases

On the timing of Press ReleasesBy all accounts, Mr. Mehler is an intelligent person,  responsive and accommodating with information to the extent he is able.

The timing of this PR, containing all the good news that it does, is therefore incomprehensible

Friday at Midnight, and a holiday weekend in the US, on top of that????????????? 

Sam needs to have a serious talk with Shawn about how The Game works.

You do not announce good news like this on Friday at Midnight.
You release news such as "We drilled a dry hole".  News such as
"The CFO has run off with the money and the CEO's wife." 

Not good news such as this!   Oy vey!  
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