Prospera Energy Inc.

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 [...]

Prospera Energy Inc. In Q2 2025, Prospera invested $1.65 million in capital expenditures, including $665K for well reactivations, $534K for plant maintenance, and $448K for environmental work. Reactivation efforts targeted eleven wells in the Luseland and Cuthbert properties, adding 87 boe/d of production at an improved capital efficiency of $7,644/boe . Plant maintenance improved infrastructure integrity, enhanced [...]

Landmark 30th Anniversary EnerCom Denver - The Energy Investment Conference Announces Energy Transition and Emerging Technology Session Schedule Qualified Investors and Analysts Can Register at No Cost at www.enercomdenver.com DENVER, July 31, 2025 /PRNewswire/ -- EnerCom, Inc., a leading energy consulting and strategic communications firm, announces the lineup of presenting companies for its Energy Transition and [...]

Prospera Energy Inc. Operations Update Prospera continues to demonstrate strong operational performance, averaging gross production of 859 boe/d from July 1st to July 23rd. This sustained growth follows the successful completion of numerous projects across the company's properties including well reactivations, rod repairs, sand control upgrades, engine maintenance and tune-ups, lease upgrades, mineral rights acquisitions [...]