CALGARY, ALBERTA–(Marketwired – Aug. 9, 2017) – Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) (TSX:PPR) is pleased to announce its operating and financial results for the three and six months ended June 30, 2017, and to provide an operational update. PPR’s consolidated financial statements (“Financial Statements”) and related Management’s Discussion and Analysis (“MD&A”) for the three and six months ended June 30, 2017 are available on its website and filed on SEDAR.

Prairie Provident was formed through the business combination of Lone Pine Resources Inc. and Lone Pine Resources Canada Ltd. (now Prairie Provident Resources Canada Ltd.) … Continue Reading

CALGARY, ALBERTA–(Marketwired – June 7, 2017) – Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) (TSX:PPR) is pleased to provide an operational update including successful results from the first of the Company’s four wells drilled and completed in Wheatland to date, as well as well flow test results for all four wells.

During the first three months of 2017, PPR drilled four wells in Wheatland targeting oil zones in the Ellerslie formation. Due to delayed scheduling of frac crews coupled with our conscious decision to manage costs, completion of these four wells was deferred until late April and … Continue Reading

CALGARY, ALBERTA–(Marketwired – May 18, 2017) – Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) (TSX:PPR) is pleased to announce the results of shareholder voting at its annual meeting held May 18, 2017, at which resolutions re-electing the board of directors and appointing the Company’s auditors were approved. Approximately 71.9% of the common shares outstanding were represented in person or by proxy at the meeting. The detailed voting results are set out below.

Election of Directors

Each of the following seven nominees was elected as a director of Prairie Provident for the ensuing year, to hold office until the … Continue Reading

CALGARY, ALBERTA–(Marketwired – May 10, 2017) – Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) (TSX:PPR) is pleased to announce its operating and financial results for the three months ended March 31, 2017, and to provide an operational update. PPR’s consolidated financial statements (“Financial Statements”) and related Management’s Discussion and Analysis (“MD&A”) for the three months ended March 31, 2017 are available on its website and filed on SEDAR.

Prairie Provident was formed through the business combination of Lone Pine Resources Inc. and Lone Pine Resources Canada Ltd. (now Prairie Provident Resources Canada Ltd.) (collectively, “Lone Pine”) and … Continue Reading

CALGARY, ALBERTA–(Marketwired – March 31, 2017) – Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) (TSX:PPR) is pleased to announce its operating and financial results for the three months and year ended December 31, 2016, and to provide an operational update. PPR’s audited consolidated financial statements (“Annual Financial Statements”) and related Management’s Discussion and Analysis (“MD&A”) for the three months and year ended December 31, 2016 are available on its website and filed on SEDAR.

PPR is a light and medium oil-weighted growth company, formed through the business combination of Lone Pine Resources Inc. and Lone Pine Resources … Continue Reading

CALGARY, ALBERTA–(Marketwired – March 24, 2017) – Prairie Provident Resources Inc. (“Prairie Provident” or “PPR” or the “Company”) (TSX:PPR) is pleased to report that it has posted an updated corporate presentation on its website following the closing of its previously announced acquisition of strategic assets in the Greater Red Earth area of northern Alberta, as well as the related financing. PPR is an oil and liquids weighted company with low-decline production that generates attractive netbacks in the current environment. The Company has high working interests and operatorship in its core areas, and ample financial flexibility supported by an active hedge … Continue Reading

CALGARY, ALBERTA–(Marketwired – March 23, 2017) –

NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.

Prairie Provident Resources Inc. (“Prairie Provident” or “PPR” or the “Company”) (TSX:PPR) is pleased to announce the completion of its previously announced acquisition of strategic assets in the Greater Red Earth area of northern Alberta (the “Assets”) for cash consideration of $41.0 million (the “Acquisition”). The Assets include high-quality and low-decline oil production which is complementary to Prairie Provident’s existing operations at Evi in the … Continue Reading

CALGARY, ALBERTA–(Marketwired – March 16, 2017) –

NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.

Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) (TSX:PPR) is pleased to announce the closing of its previously announced bought deal equity financing through a syndicate of underwriters (the “Underwriters”) led by Mackie Research Capital Corporation (“MRCC”) raising total gross proceeds of approximately $8.0 million (the “Offering”).

The Company issued 5,971,000 subscription receipts (“Subscription Receipts”) at a price of $0.67 per Subscription Receipt and … Continue Reading

CALGARY, ALBERTA–(Marketwired – Feb. 14, 2017) –

NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.

Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) (TSX:PPR) is pleased to announce that it has entered into an agreement to acquire strategic assets in the Greater Red Earth area of northern Alberta (the “Assets”) for cash consideration of $41 million, subject to customary adjustments (the “Acquisition”). The Assets include high quality and low decline oil production which is highly complementary to Prairie Provident’s … Continue Reading

CALGARY, ALBERTA–(Marketwired – Jan. 25, 2017) – Prairie Provident Resources Inc. (TSX:PPR) (“Prairie Provident” or the “Company”) is pleased to announce the results of its independent 2016 year-end reserves evaluation and provide an operational update. The Company’s 2016 exit production exceeded its previously disclosed guidance of 5,000 boe/d with average daily production of approximately 5,500 boe/d (56% liquids), maintained through to the first three weeks of January 2017 of which approximately 2,500 boe/d (32% liquids) was from the Wheatland area. Prairie Provident maintains a strong balance sheet amidst accomplishing its development plan. At December 31, 2016, the Company had borrowings, … Continue Reading

CALGARY, ALBERTA–(Marketwired – Dec. 16, 2016) –

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

Prairie Provident Resources Inc. (TSX:PPR) (“Prairie Provident” or the “Company”) is pleased to announce the closing of its previously announced equity offering for aggregate gross proceeds of approximately $4.95 million, comprised of 5,465,000 common shares issued as “flow-through shares” with respect to “Canadian exploration expenses” (“CEE Flow-Through Shares”) at a price $0.85 per share for proceeds of approximately $4.65 million, and 375,000 common shares issued as “flow-through shares” with respect to “Canadian development expenses” (“CDE Flow-Through Shares”) … Continue Reading