Prospera Energy Inc.

Prospera Energy Inc. is pleased to provide an operational update to all shareholders. As a result of the 2019 reactivation and workover program efforts to date, the Corporation continues to see very healthy increases in both gross and net production. Gross overall production across all properties now exceeds 1100 boe/d, with net production for Prospera currently exceeding 530 boe/d. The 2019 reactivation program continues [...]

Not for Distribution to U.S. News Wire Services or for Dissemination in the United States Prospera Energy Inc. is sorry to announce the death of its Director, Loraine McVean, and extends its deepest condolences to her family and friends. Loraine served on the Board of Prospera since 2006 and diligently and ably assisted through many challenges and opportunities over those years. Effective August 27, 2019, Savi Franz was [...]

KELOWNA, BC / ACESSWIRE / August 29, 2019 / Prospera Energy Inc. is pleased to announce its financial and operating results for the six months ended June 30, 2019. The condensed interim financial statements, and related management’s discussion and analysis will be available at www.sedar.com and www.prosperaenergy.com. OPERATION AND FINANCIAL SUMMARY The Corporation’s oil and gas revenues have experienced [...]

Not for Distribution to U.S. News Wire Services or for Dissemination in the United States Prospera Energy Inc. regretfully advises of the sudden unexpected passing of its President and Chief Executive Officer, Burkhard Franz, in Kelowna on Sunday, August 18. Sarshar Ahmad, who has been a senior consulting geologist to the Corporation, will serve as interim President and CEO. About Prospera Prospera is a Canadian natural [...]

Prospera Energy Inc. is pleased to announce the results from the Corporation €™s Annual General and Special Meeting of shareholders held on June 28, 2019 . All resolutions set out in the Corporation's information circular dated May 30, 2019, were approved as presented. The scrutineer reported that there were a total of 15 shareholders, holding 11,781,041 common shares, represented in person or by proxy at the [...]

Prospera Inc. Prospera would like to update shareholders regarding the ongoing Reactivation Program underway at the Corporation's oil producing properties at Luseland, Hearts Hill and Cuthbert in Saskatchewan. The Corporation started the 2019 Reactivation Program in March, as soon as weather allowed the service rig access to begin work. Since March 2019, the Company has completed reactivation and/or total workover on 26 [...]

Not for Distribution to U.S. News Wire Services or for Dissemination in the United States Prospera Inc. has completed a non-brokered private placement of 3,020,000 units of the Corporation at a price of $0.05 per Unit for aggregate gross proceeds of $151,000. Each Unit consists of one common share of the Corporation and one half Common Share purchase warrant . The Warrants will not be listed. Each Warrant shall be [...]

Prospera Energy Inc. Prospera Energy Inc. is pleased to announce its financial and operating results for the three months ended March 31, 2019. The condensed interim financial statements, and related management's discussion and analysis will be available at www.sedar.com and www.prosperaenergy.com. OPERATION AND FINANCIAL SUMMARY The Corporation's oil and gas revenues have experienced significant growth due to changes in [...]

Prospera Energy Inc. Prospera is pleased to announce that it has appointed Mr Ryan Bulger to the position of Corporate Production Manager, and Mr. Peter Lubey to the position of Exploitation Manager. Mr. Bulger brings 17 years of petroleum engineering experience in field based operations, production supervision, project management, capital budgeting, and resource exploration and development. He has an extensive background [...]

Prospera Energy Inc. announces that on May 17, 2019 it has completed the acquisition of an additional 15% net working interest from a participating interest holder of the southwest Saskatchewan Hearts Hills and Luseland properties. The purchase price was satisfied by a reduction of the vendors arrears for operational costs of $500,000 and $50,000 cash advanced by an Insider of the Corporation. Prospera has now increased [...]