CALGARY, Alberta, Oct. 09, 2018 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie
Provident" or “PPR” or the "Company") (TSX: PPR) is pleased to report that it has posted an updated corporate presentation on its
website following the announcement of its proposed acquisition of Marquee Energy Ltd. and the related financing. PPR is an
oil and liquids weighted company with low-decline production that generates attractive netbacks in the current environment.
The Company has high working interests and operatorship in its core areas, and ample financial flexibility supported by an active
hedge program.
Investors and other interested parties are encouraged to visit www.ppr.ca for further details and to review the updated presentation.
ABOUT PRAIRIE PROVIDENT
Prairie Provident is a Calgary-based company engaged in the exploration and development of oil and natural gas
properties in Alberta. The Company’s strategy is to grow organically in combination with accretive acquisitions of conventional oil
prospects, which can be efficiently developed. Prairie Provident’s operations are primarily focused at Wheatland and Princess in
Southern Alberta targeting the Ellerslie and the Lithic Glauc formations, along with an early stage waterflood project at Evi in
the Peace River Arch. Prairie Provident protects its balance sheet through an active hedging program and manages risk by allocating
capital to opportunities offering maximum shareholder returns.
FURTHER INFORMATION
Prairie Provident Resources Inc. | Web: www.ppr.ca
Tim Granger, President and Chief Executive Officer
Tel: (403) 292-8110
Email: tgranger@ppr.ca
