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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

View:
Post by SuperTrader1970 on Nov 22, 2024 8:38pm

Prospera

My Recommendation is a complete TakeOver to a Major Oil Company in Alberta.

Comment by jleer42 on Nov 22, 2024 11:01pm
Better chance of Wal Mart buying a kid's lemonade stand. If they had 10 times the production they would still be too small.
Comment by McBolly on Nov 23, 2024 11:44am
And majors tend to avoid assets that can't pay their own bills, they are not in the business of bailing out indivduals from the messes they got themselves into. If the assets can't pay the bills and the wells aren't able to payback the investment then it can't add EPS, no reaon to buy this. 
Comment by SuperTrader1970 on Nov 23, 2024 6:10pm
Bankruptcy
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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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