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Prairie Provident Resources ( (TSE:PPR) ) has provided an update.
Prairie Provident Resources Inc. announced the commencement of drilling operations for its Basal Quartz horizontal well in Alberta, expected to be completed in eight days. This development marks the company’s third well in the Basal Quartz trend, following successful operations in late 2024, and is anticipated to enhance its production capabilities and strengthen its position in the regional oil and gas market.
More about Prairie Provident Resources
Prairie Provident Resources Inc. is a Calgary-based company engaged in the exploration and development of oil and natural gas properties in Alberta, focusing on the emerging Basal Quartz trend in the Michichi area of Central Alberta.
YTD Price Performance: -30.0%
Average Trading Volume: 30,679
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $33.38M
Find detailed analytics on PPR stock on TipRanks’ Stock Analysis page.