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 OIL The 2023 Reserve PDP reserves increased 508%

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Post by Charts1 on Jul 17, 2024 9:28am

PEI.V OIL The 2023 Reserve PDP reserves increased 508%

The 2023 ReserPDP reserves increased 508% from 4.4MM$ to 27.1MM$ at a discount rate of 10%.

2P reserves increased by 60.8MM$ from 72.5MM$ to 133.3MM$ at a discount rate of 10%.
Total proved and probable reserves value increased by 25% from 4,306 to 5,403 Mboe (97% liquids).
The reserve life index increased by 6% from 28 to 30 years.
PEI elected to apply modest price of 79$/bbl (WCS) for NPV estimation, allowing for substantial NPV appreciation if oil price sustains.
2024 TPP F&D costs of $5.7/boe (4.3x recycle ratio).
Net asset value per share:
- TP of $0.21 & TPP of $0.31