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Podcast: Financial Survival Network
Episode: Prospera Energy December Oil Production Set to Hit Post-Restructure High with CEO Samuel David
Description: Kerry Lutz sits down with Prospera Energy's (🇺🇸GXRFF -- 🇨🇦PEI) CEO Samuel David and CFO Chris Ludtke for the latest production updates and strategic developments. They provide us with their recent operational achievements, including the new well at Brooks and the eight new horizontal wells. He explained that bringing horizontal wells online requires a brief shut down of the adjoining wells, in an effort to optimize production and minimize decline rates. The new Brooks well is should be a significant contributor to output. Samuel expects to conclude 2023 with an 1800 BOE per day production rate, which is quite impressive considering that when he took...