Prairie Provident Resources announces voting results from its annual shareholders' meeting held today. At the meeting, each of Patrick McDonald, Glenn Hamilton, Dale Miller, Ryan Rawlyk, Matthew Shyba and Kathy Turgeon was elected, by ordinary resolution, as a director of the Company for the ensuing year, to hold office until the close of the next annual meeting of shareholders. Following are details as to the number of [...]
Prairie Provident Resources Inc. announces its operating and financial results for the first quarter ended March 31, 2024. The Company's interim consolidated financial statements and related Management's Discussion and Analysis for the quarter are available on its website at www.ppr.ca and filed on SEDAR+ at www.sedarplus.ca. FIRST QUARTER 2024 FINANCIAL AND OPERATING HIGHLIGHTS Production averaged 2,636 boe/d for the [...]
Prairie Provident Resources Inc. announces its operating and financial results for the fourth quarter and year ended 2023. Prairie Provident's audited annual consolidated financial statements and related Management's Discussion and Analysis for the year ended December 31, 2023 and Annual Information Form dated April 2, 2024 for the same period are available on the Company's website at www.ppr.ca and filed on SEDAR+ at [...]
Prairie Provident Resources Inc. is pleased to announce that it has closed the previously announced sales of its Evi assets in Northern Alberta for net proceeds of $22.5 million after adjustments, based on an effective date of August 1, 2023, and certain non-core assets located in the Provost area of Central Alberta for net proceeds of $1.7 million after adjustments, based on an effective date of July 1, 2023. The [...]
Prairie Provident Resources Inc. is pleased to announce the results of its December 31, 2023 independent reserves evaluation conducted by Sproule Associates Limited . The Sproule Report highlights that despite minimal capital spending, reserves additions were realized year-over-year driven primarily by positive technical revisions associated with lower fixed costs, reactivations, and optimizations. A 16-year reserve life [...]
Prairie Provident Resources Inc. is pleased to announce the appointment of Mr. Ryan Rawlyk to the Board of Directors effective January 1, 2024. Its appointment coincides with the previous announcement appointing Mr. Rawlyk as the President & CEO effective January 1, 2024. ABOUT PRAIRIE PROVIDENT: Prairie Provident is a Calgary-based company engaged in the exploration and development of oil and natural gas properties in [...]
Prairie Provident Resources Inc. reports that it has filed amended Management's Discussion and Analysis for the interim period ended September 30, 2023. The Company's originally filed interim MD&A for this period, which was filed with applicable Canadian securities regulatory authorities on November 14, 2023 and is available electronically at www.sedarplus.ca, inadvertently overstated the Company's net debt as at [...]
Prairie Provident Resources Inc. announces our operating and financial results for the quarter ended September 30, 2023. PPR's interim financial statements and related Management's Discussion and Analysis are available on our website at www.ppr.ca and filed on SEDAR+ at www.sedarplus.ca. THIRD QUARTER 2023 FINANCIAL AND OPERATIONAL HIGHLIGHTS The Company entered into agreements to sell its Evi cash-generating unit in [...]
Prairie Provident Resources Inc. is pleased to announce that it has entered into a definitive agreement with a private oil and gas company to sell the Company's Evi cash-generating unit located in northern Alberta for a base purchase price of $27.0 million payable in cash, subject to effective date adjustments based on an effective date of August 1, 2023 . Upon completion of the Evi Sale, the purchaser will become [...]
Prairie Provident Resources Inc. announces our operating and financial results for the quarter ended June 30, 2023. PPR's interim financial statements and related Management's Discussion and Analysis are available on our website at www.ppr.ca and filed on SEDAR at www.sedar.com. MESSAGE TO SHAREHOLDERS Patrick McDonald, Interim President and CEO commented: "With the May 2023 completion of the Company's recapitalization [...]
Prairie Provident Resources Inc. is pleased to announce the appointment of Mr. Dale Miller to its Board of Directors , voting results from its annual shareholders' meeting held yesterday, and an update on its pending interim filings. Board Appointment Mr. Miller has been appointed as an additional director of the Company, joining the other Board members re-elected at yesterday's shareholders' meeting. "We are delighted to [...]
Prairie Provident Resources Inc. announces today a delay in the filing of its interim financial report for the interim period ended June 30, 2023 and related management's discussion and analysis and management certifications for the same period past today's deadline as prescribed under Canadian securities laws. The delay and corresponding filing default is expected to be relatively brief, as the Company anticipates [...]
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