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Prospera is a clean and safe energy producer with oil and gas operations in Western Canada. The company applies modern and cost-effective horizontal drilling techniques to reduce environmental footprint of numerous vertical wells.





 

Bullboard - Investor Discussion Forum Prospera Energy Inc. V.PEI

Alternate Symbol(s):  GXRFF

Prospera Energy Inc. is an energy company based in Western Canada, specializing in the exploration, development, and production of crude oil and natural gas. The Company is primarily focused on optimizing hydrocarbon recovery from legacy fields through environmentally safe and efficient reservoir development methods and production practices. It has 100% ownership of the Luseland asset, which... see more

TSXV:PEI - Post Discussion

Prospera Energy Inc. > The just paid back another $1.5M debts, production up!
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Post by Energy123 on Mar 17, 2021 2:18pm

The just paid back another $1.5M debts, production up!

Quote from ceo.ca  "They are getting a substantial debt reduction, $1.5 million to be exact, great news for them and will be announced in the days to come. There was a lot of interest in the pp and they couldn’t accommodate all so they increased the debenture at .05 which if filling up fast. Oil up, production up, debt down and a new team turning things around in a positive way. The sp will reflect."
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Investment Opportunity

Prospera Significantly Expands Oil & Gas
Asset Value


Total proved plus probable (TPP) reserves increased 569%

Corresponding increase in NPV to a gain of $56.2 million

TPP reserve life index also lengthened from 10.1 to 22.8 years


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