Prairie Provident Resources Announces First Quarter 2024 Financial and Operating Results and Michichi Property Update
CALGARY, Alberta, May 15, 2024 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces its operating and financial results for the first quarter ended March 31, 2024.
- CALGARY, Alberta, May 15, 2024 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces its operating and financial results for the first quarter ended March 31, 2024.
- The decrease was a result of lower realized pricing slightly offset by a decrease in royalties and operating costs.
- In addition, the decrease was reduced by lower expenses and a gain on property dispositions in the first quarter of 2024.
- Prairie Provident has identified more than 40 Basal Quartz potential drilling opportunities targeting light/medium oil on its Michichi lands.