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Prospera Energy Inc. (V:PEI)

Business Focus: Oil & Gas Exploration and Production

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
See Regulatory Filings on SEDAR
Company Contact
Address: 840 6 Ave SW Suite 500
CALGARY AB T2P 3E5
Tel: N/A
Website: prosperaenergy.com
IR: See website
Key People
Samuel David
President, Chief Executive Officer, Director
Savi Franz
Chief Financial Officer
 
Business Overview
Prospera Energy Inc, formerly Georox Resources Inc, is a Canada-based company, which is engaged in the acquisition, exploration and development of oil and natural gas in Western Canada. The Company has oil and gas interests in Red Earth/Otter, Alberta. The Red Earth property consists of over 2.12 sections with approximately nine producing oil wells and a standing oil well. The Otter property is located approximately 20 kilometers northwest of Red Earth and consists of a section of land. The Company also has interests in Pouce Coupe area, northwest Alberta; Silverdale Property; Sparky Non Channel Project; Coteau Lake area in southeastern Saskatchewan and northeast Montana; Kitscoty Lloydminste and Lloydminster property.
Financial Overview
For the nine months ended 30 September 2020,Prospera Energy Inc revenues decreased 53% to C$2.6M. Netloss totaled C$1.8M vs. income of C$882K. Revenues reflectPetroleum and natural gas sales decrease of 55% to C$2.8M.Net loss reflects Gains decrease of 94% to C$75K (income),Depletion and depreciation increase of 29% to C$1.1M(expense), Other Non Operating I/E increase of 10% toC$185K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $3.15M as of Sep 30, 2020
Annual revenue (TTM): $4.23M as of Sep 30, 2020
EBITDA (TTM): -$0.60M as of Sep 30, 2020
Net annual income (TTM): -$2.75M as of Sep 30, 2020
Free cash flow (TTM): $1.28M as of Sep 30, 2020
Net Debt Last Fiscal Year: $1.34M as of Sep 30, 2020
Shares outstanding: 65,122,311 as of Sep 30, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization