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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Prairie Provident Resources Inc | TSX:PPR | Toronto | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.065 | 0.06 | 0.065 | 0.065 | 0.06 | 0.065 | 270,835 | 19:31:30 |
Of the net proceeds of approximately $24.2 million, $20 million has been used to reduce indebtedness under the Company’s senior secured credit facility, with the remainder to increase its working capital position.
Going forward, the Company intends to focus on its inventory of attractive optimization and development opportunities in Central and Southern Alberta and continue with non-core property dispositions to enhance its financial flexibility.
ABOUT PRAIRIE PROVIDENT:
Prairie Provident is a Calgary-based company engaged in the exploration and development of oil and natural gas properties in Alberta.
For further information, please contact:
Ryan Rawlyk, President and CEOPhone: (403) 292-8180 or Email: info@ppr.ca
1 Deemed liability figures are as provided through the OneStop platform of the Alberta Energy Regulator (AER), based on the manner in which the AER currently estimates decommissioning and reclamation liabilities associated with oil and gas wells and facilities.
1 Year Prairie Provident Resour... Chart |
1 Month Prairie Provident Resour... Chart |
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