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

Energy Oil & Gas E&P

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. > Todays NR

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Post by goldboyz2 on Sep 13, 2022 3:44pm

Todays NR

Prospera Energy is primarily focused on optimizing hydrocarbon recovery through environmentally safe and efficient reservoir development methods and production practices. Restructured PEI has elevated gross production levels to 925 Boepd (750bpd) from 80bpd in the span of a year and a half. PEI has piloted horizontal laterals in order to assess and improve technical and economic efficiency to effectively capture the significant remaining reserves (400milion bbls).

Music to my ears

Can't complain, money rolling in, two new wells being drilled and in production by year end.

GB