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Prairie Provident Resources

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Market:
TSX
Market Cap:
$8.57 m
Price
0.05 CAD
Change
0.00%
52 weeks high
0.35
52 weeks low
0.05

In brief

Prairie Provident (“PPR”) is engaged in the exploration and development of oil and natural gas properties in the Western Canadian Sedimentary Basin in Alberta.  Our conventional assets are weighted to higher-value light and medium oil, have a low base production decline and offer low-risk development.  By maintaining high working interests and operatorship, we can control the pace of our capital spending which provides flexibility and drives enhanced efficiencies.  We maintain an active risk management program including hedging to underpin our cash flows and protect our strong balance sheet.

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Snapshot

The company is focused in the Wheatland and Princess in Southern Alberta, where it is targeting the Lower Mannville formation