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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 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... see more

TSXV:PEI - Post Discussion

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Post by mofwmofw on Aug 24, 2022 5:37am

Volume

Seems to be picking up. Keep an eye on this one. Think it's one of those stocks that you wish you were in now looking at it a year from now. GLTA
Comment by Rob0012 on Aug 24, 2022 10:36am
Really?  10k as of now today.   Huge current asset over current liability deficeincy.  Low 368 BOED production.  88,000,000 (!!!!) 5 cent outstanding warrants.  2 horizontal testing pilots ongoing, woohoo!  What are the catalysts here to promote investment?  Are there researches available?  No corporate presentation?  Com'on...sell it to me ...more  
Comment by goldboyz2 on Aug 24, 2022 4:08pm
In the last week weve had two of the biggest volume days since middle of May. I take that as a good sign considering PEI plans to be producing 1800+ BPD by end of year or 4-5 months from now. Lots of drilling from now until then. Q3 should be even better then Q2. GB
Comment by Rob0012 on Aug 30, 2022 9:20am
I can appreciate that.  However, how much good news will it take to take care of the 5 cent warrants?  I see those as a huge lid on any kind of short term run up.  Good luck to you though.  I'll stay sideline for the next little while.  Just adding more AXL meanwhile. Cheers! Rob
Comment by goldboyz2 on Aug 30, 2022 11:07am
They will hit large on their next two horizontel wells Rob0012. This is a cash machine, with an MC of 10 million is sweeet !  AXl has 16 million warrents...... like i said ROB0012 youll be able to buy AXL back at 20-22 cent soon. then back up to 30 cents when they want to pump the stock again  All new production this year will add roughly 1500bpd production by end of this year for PEI  ...more  
Comment by goldboyz2 on Aug 30, 2022 1:47pm
Our biggest day in a very long time !  Great buying pressure with news coming !  GB 
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Investor Presentation

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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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