Prairie Provident Resources, Inc.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Company Description
- CEO
- Dale Miller
- Full Time Employees
- 39
- Sector
- Energy minerals
- Industry
- Integrated oil
- Address
- 500 – 4th Avenue S.W. Calgary AB Canada T2P 2V6
- IPO Date
- Feb 21, 2001
- Website
- ppr.ca
- Similar Companies
- Business
- Prairie Provident Resources Inc. operates as an independent entity involved in the exploration, development, and production of oil and natural gas properties throughout Alberta, Canada. The company actively pursues opportunities across various hydrocarbon types, including light, medium, and heavy crude oil, as well as natural gas liquids and conventional natural gas. Its primary operational areas are concentrated in distinct regions of Alberta, specifically Michichi, Princess, Provost, and the Evi property, where it focuses on formations such as the Basal Quartz, Banff, Lithic Glauconite, Detrital, and Ellerslie. The company’s revenue streams are predominantly generated from the sale of these petroleum and natural gas products. Prairie Provident has recently advanced its operations, including successful Basal Quartz drilling programs in the Michichi area, which contributed to increased production in the second quarter of 2025. Furthermore, the company completed preferred share financing and debt amendments in late 2025 to strengthen its financial position and support ongoing drilling initiatives. Established in 2016, the company maintains its corporate headquarters in Calgary, Alberta.
Company News
Prairie Provident Resources Announces Fourth Quarter and Year-End 2025 Financial and Operating Results and 2025 Year End Reserves
Prairie Provident Resources Announces Operations Update
Prairie Provident Announces Share Consolidation
Prairie Provident Announces Third Quarter 2025 Results
Prairie Provident Announces Non-Binding Term Sheets for Preferred Share Investment and Debt Amendments to Strengthen Financial Position and Advance Drilling Program
Prairie Provident Announces Second Quarter 2025 Results
Prairie Provident Reports on AGM Voting Results
Prairie Provident Resources Announces Successful Basal Quartz Drilling Program and First Quarter 2025 Results
Prairie Provident Resources Announces Fourth Quarter and Year-End 2024 Financial and Operating Results, 2024 Year-End Reserves and Basal Quartz Update
Prairie Provident Announces Closing of Final Tranche of Equity Financing and Basal Quartz Operational Update
Prairie Provident Announces Spud of Basal Quartz Horizontal Well
Prairie Provident Announces Closing of Initial Tranche of Private Placement for $4.8 Million to Advance Basal Quartz Horizontal Drilling Program
Prairie Provident Announces up to $9.1 Million Brokered Equity Financing with $7.35 Million in Lead Orders and Basal Quartz Horizontal Drilling Program
Prairie Provident Resources Provides Basal Quartz Drilling Update
Prairie Provident Resources Announces Third Quarter 2024 Financial and Operating Results and Basal Quartz Drilling Update
Prairie Provident Announces Closing of Rights Offering
Prairie Provident Announces Management and Board of Director Changes and Drilling Update
Prairie Provident Announces Closing of Initial $10 Million Subscription under Rights Offering
Prairie Provident Announces Loan Amendments and $13.2 Million Equity Rights Offering With $12 Million of Committed Participation
Prairie Provident Announces Interim Extension of Senior Credit Facility