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Podcast: Mining Stock Education
Episode: “Transitional Year to Profitability” with 5,000 boepd Goal says Prospera Energy CEO Samuel David
Description: “We are very excited for 2024. This is going to be a transitional year to profitability. The development program has estimated to elevate Prospera’s year-end production to 3,500 boepd. At the same time, Prospera has been working on strategic, accretive acquisitions that diversifies the product mix to more light oil. These are very good acquisitions for Prospera and the shareholders and will be accretive per share. And those things will add another 1,500 boepd. So we are estimating to exit 2024 at 5,000 boepd gross production,” explains Prospera Energy CEO Samuel David.
Prospera Energy (PEI) CEO Samuel David & CFO Chris Ludtke provide a 2024 company outloo...