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About the company
Prospera Energy Inc. is a Canadian energy company specializing in the exploration, development, and production of crude oil and natural gas. It is primarily focused on optimizing recovery from legacy fields using environmentally safe and efficient reservoir development methods and production practices. Its properties are located in Saskatchewan and Alberta, including Cuthbert, Luseland, Hearts Hill, and Brooks. It has 100% ownership of the Luseland asset, the largest Original Oil in Place (OOIP). Additionally, the Company has gained 100% ownership of the Hearts Hill property, which includes the multiple producing zones (Bakken oil and Sparky oil) with waterfloor analogues. In Cuthbert, it has a working interest of approximately 86%, which includes multi-zone inventory (Basal Mannville oil, Viking gas, and Colony gas). White Tundra Petroleum assets produce 30 API medium oil and are located near Loyalist and Hanna, Alberta. In Hanna, the Company has a working interest of over 90%.
- Revenue in CAD (TTM)16.77m
- Net income in CAD-7.12m
- Incorporated2005
- Employees--
- LocationProspera Energy IncSuite 730 444 - 7th Ave SWCALGARY T2P 0X8CanadaCAN
- Phone+1 (403) 454-9010
- Fax+1 (403) 457-9010
- Websitehttps://www.prosperaenergy.com/
Mergers & acquisitions
| Acquired company | PEI:CVE since announced | Transaction value |
|---|---|---|
| White Tundra Petroleum Ltd | -12.50% | 1.19m |
