Prospera Energy Inc. V.PEI

Going Forward

[traderguy5000]

The rest of the year should be interesting. Higher production and revenue, pay off some of the debt. Should put PEI in a much stronger finacial position. Right now the stock gets zero respect. That may improve as the numbers improve. Year end will tell the tale. Hopefuly we will be trading much closer to NPV. If not, well WTF!

[Beast1005]

looking forward to hear the drilling has started back up should be soon I hope..

[borne2run]

And just how will Prospera pay for the drilling rig?  Confetti?  Company has a massive working capital deficit.  New production from 2023 drill program was supposed to produce suffcicient positive cash flow to drill more wells.  Well, that obviously didn't occur.  Shareholders are bagholders.

[uwebb429]

Prospera was granted a new licence on May 29th to drill at 06-36-018-16 W4. This site is about 8 miles due west of Brooks. This will be a follow up well to the horizontal well they drilled last November at 01-36-018-16 W4. The wells that have been previously drilled in this section are all 20 to 25 year old vertical wells so lots of room for improvement by going horizontal in this under drilled

[Trademark11]

They received two licenses to drill two slanted or deviated  wells as a follow up to the slanted well and reperf performed last year.  they have not gone horizontal in this play yet although there are plans to do two of them this summer.  also two horizontal in Hearts Hill and one Hz in Luseland with heated waterflood plus CO2 EOR  "Huff and Puff " plan for the

[Thebeginner2020]

''Shareholders are bagholders'' You are right!!!

[SuperTrader1970]

Yep they sure are