EnerCom Denver - The Energy Investment Conference marks 31 years of connecting companies, investors, analysts, and leaders in the energy industry! Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness EnerCom, Inc. is pleased to announce that a robust list of companies [...]
Prospera Energy Inc. Calgary, Alberta-- - Prospera Energy is pleased to announce the closing of its previously announced unit offering, raising total gross proceeds of $3,000,000, representing the full amount of the Offering. The financing was fully subscribed and completed without the issuance of any finder's fees or broker warrants, reflecting strong investor support for Prospera's operational progress and forward [...]
Prospera Energy Inc. Calgary, Alberta-- - Prospera Energy is pleased to announce that the Company has been invited to present at an industry leadership presentation and a technical industry conference, reflecting growing industry recognition of Prospera's disciplined heavy oil reactivation strategy and operational execution across legacy assets in the Western Canadian Sedimentary Basin. On March 4th, 2026, Prospera will [...]
Prospera Energy Inc. is pleased to provide an operational update highlighting the continued success of our corporate reactivation strategy in Luseland. Recent field operations and production engineering initiatives have successfully reactivated numerous wells, now delivering strong reservoir oil production rates. Ongoing technical learnings and optimization efforts are driving measurable production growth from currently [...]
Prospera Energy Inc. is pleased to announce a non-brokered private placement of units for gross proceeds of $3.0 million, at a price of $0.035 per unit. The Offering is intended to support near-term production growth, increase working capital and liquidity, and further strengthen the Company's balance sheet. Each unit will consist of one common share of the Company and one common share purchase warrant, with each warrant [...]
Prospera Energy Inc. Convertible Debt Offering Prospera Energy Inc. is pleased to announce the closing of its previously announced convertible debt offering, raising total proceeds of $3,627,580. The proceeds have been allocated exclusively toward strengthening working capital, well reactivations, and production optimization. Through this offering, the Corporation proactively addressed near-term debt obligations by [...]
Prospera Energy Inc. In Q3 2025, Prospera reported sales revenue of $5.3 million and $0.8 million of operating netback. The company invested $2.0 million in capital expenditures, including $0.65 million for well reactivations and $1.35 million for plant maintenance/upgrades and well workovers. Reactivation efforts targeted 8 wells in the Luseland and Cuthbert properties, adding 57 boe/d of production at a capital [...]
Prospera Energy Inc. is pleased to announce the successful completion of three major pipeline infrastructure projects across its core Cuthbert and Hearts Hill fields. These upgrades represent a meaningful milestone in advancing the Company's reservoir optimization strategy, improving fluid management, and ensuring long-term operational reliability as Prospera enters the winter capital program. The completed work includes [...]
Prospera Energy Inc. Convertible Debt Offering Prospera Energy Inc. is pleased to announce an update regarding its previously announced convertible debt offering on May 12th and September 29th, 2025. Due to strong insider participation and higher-than-expected investor interest, the Corporation has increased the size of its non-brokered private placement of convertible debentures from $3,000,000 to $4,000,000 with a [...]
Prospera Energy Inc. Prospera Energy is pleased to announce the commencement of a major pipeline replacement and infrastructure upgrade project in the Cuthbert area. The project involves the replacement of two key legacy pipelines over a ten-day construction period, with a total capital investment of approximately $500,000. The new pipelines are constructed using corrosion-resistant and spoolable FlexSteel material [...]
Prospera Energy Inc. Industry Outlook - Heavy Oil on the Rise: The Canadian oil and gas sector is benefiting from a favorable shift in market dynamics, particularly for heavy oil producers. Western Canadian Select , historically discounted relative to West Texas Intermediate due to transportation constraints and limited refining capacity, has seen differentials narrow significantly in 2024 and 2025. Improvements in [...]
Prospera Energy Inc. Operations Update Prospera has maintained strong operational momentum, averaging gross production of 775 boe/d from August 1st to August 21st. These figures exclude production from the recently acquired White Tundra Petroleum assets. Numerous projects were successfully executed during the month, including additional well reactivations in Luseland, horizontal well re-entries in Cuthbert, installation [...]