Prairie Provident Resources Canada Ltd.
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About
Prairie Provident is a Calgary, Alberta-based public company engaged in the exploration and development of oil and natural gas with conventional operations primarily focused in the Western Canadian Sedimentary Basin in Alberta.
The company maintains a high working interest in a well-balanced portfolio of oil and gas properties. The assets consist of attractively priced light and medium oil with associated natural gas. Prairie Provident’s areas of focus are primarily at its Michichi and Princess properties in Southern Alberta and its Evi area located in the Peace River Arch area of Northern Alberta.
Prairie Provident trades on the Toronto Stock Exchange under the ticker PPR.
Editor's note: Updated Feb. 22, 2022.
Transactions
Marketed: Prairie Provident Resources Central Alberta Operated Asset
Marketed: Prairie Provident Resources Central Alberta Operated Asset
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News
Prairie Provident Resources Closes on Alberta Asset Sales
Prairie’s net proceeds were used to reduce indebtedness under the company’s senior secured facility and to increase its working capital position.