Prospera Energy Inc. Stock Analysis PEI.V

Prospera Energy, Inc. is a Canadian natural resources corporation, which engages in the acquisition, exploration, and development of oil and gas properties in Western Canada. The company 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. The company 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%.