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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. > As seen on CEO.ca
View:
Post by Thebeginner2020 on Apr 05, 2024 12:25pm

As seen on CEO.ca

3GuysInATrenchcoat : No matter the oil price Prospera still can't pay its bills, doesn't seem to have a hope (outside of further dilutive financing) of paying back the GORR deal which if they don't will essentially mean they lose their Cuthbert asset. It's never a good time to invest in TERRIBLE companies.

CEO.CA #pei - Prospera Energy Inc. (PEI.V)
Comment by Jandy2102 on Apr 05, 2024 9:43pm
Yup.  Look at all the delinquencies on wells listed by the surface rights board.  I'm sure that's just a drop in the bucket considering a lot of land owners don't know how to file and go through the process. 
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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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