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. > PEI.V energy • Realized record high cash flow from operatio

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Post by Charts1 on May 29, 2023 7:11am

PEI.V energy • Realized record high cash flow from operatio

2022 Highlights

PEI 2022 audited financials captured the significant (continued) reorganization and business achievements resulting in the current financial position compared to the previous year.

• Increased oil and gas revenue by 3-fold to $13,904,287

• Improved margin by drastically reducing operating costs to $38.66/boe.

• Realized record high cash flow from operations of $5,382,013 (34.52/boe) • Increased the before tax NPV@10% cash flow by 30% to $72.5 million.

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