Prospera Energy Inc. Announces Service Rig Update, Closing

From GlobeNewswire: 2025-03-25 19:23:00

Prospera Energy Inc. completed thirty-two workovers and reactivations in Q1 2025 before releasing service rigs for spring break-up on March 20th. This included jobs in Hearts Hill, Luseland, and Cuthbert. The company also closed the acquisition of a 10% working interest in three properties for $1,792,646. In addition, Prospera amended the terms of outstanding warrants, granted 2,000,000 stock options at $0.05, settled $72,765.48 in outstanding interest expense with common shares, and reported on its production activities. The company specializes in energy exploration, development, and production in Canada.



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