Prairie Provident Announces Strategic Light Oil Asset Acquisition and $8 Million Equity Financing

CALGARY, ALBERTA (February 14, 2017) – 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”). …

Prairie Provident Announces 2016 Year-End Reserves and Operational Update

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…