Prairie Provident Resources Inc. announces its financial and operating results for Q3 2025, with production averaging 2,295 boe/d, operating expenses at $30.39 boe/d, and a net loss of $6.9 million. The company completed a preferred share financing and extended debt agreements. They also spud a new well in Southern Alberta and are constructing a water disposal facility. Financial highlights include revenue of $8.35 million, a net loss of $6.9 million, and an operating netback of $9.18/boe. Prairie Provident is focused on optimizing cash flow from existing assets in Alberta to fund low-risk development projects.
The Company’s Q3 2025 operating netback was $9.18/boe, with a net loss of $6.9 million, and a production volume of 2,295 boe/d. Prairie Provident has initiated construction of a water disposal facility and spudded a new well in Southern Alberta. They also completed a preferred share financing and extended debt agreements. Financials include revenue of $8.35 million, a net loss of $6.9 million, and operating expenses at $30.39 boe/d. Prairie Provident aims to optimize cash flow from existing assets while limiting production decline.
Read more at GlobeNewswire: Prairie Provident Announces Third Quarter 2025 Results
