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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. > Production Reports
View:
Post by traderguy5000 on Dec 18, 2024 6:24am

Production Reports

Glad to see we will be getting monthly production reports. We were previously in the dark for extended periods.
Comment by McBolly on Dec 18, 2024 7:32am
Yes, so amazing that they are paying a PR guy to write these?? And that their production numbers are falling faster than anticipated, field production will be naturally below 700 BOED again this month, while sales revenue numbers can finish above that it is only because they are making the desparation move of selling off invetory to look good at year end.
Comment by jleer42 on Dec 18, 2024 8:57am
The monthly reports will be nice, both from just having the data and that PEI appears to want to become more transparent. I really want more information on the related-party investigation. Two things stood out: -first, current cash flow is covering operating expenses, optimization, and AP arrears, -second, the comment that "recent corporate changes have significantly enhanced operational ...more  
Comment by geric on Dec 18, 2024 5:42pm
Website leadership and guidance updated.  Samuel David has been removed from both.
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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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Suite 730 444 - 7th Ave SW
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T2P 0X8 Canada