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Asset Sale – Prairie Provident Resources – Southern Alberta – Coutts Field

March 20, 20236:45 AM BOE Report Staff

­Prairie Provident Resources (“PPR”) is working with Energy Advisors Group to monetize several
non-core Central and Southern Alberta assets, starting their 2023 divestiture program with the PPR-operated Coutts Field, comprised of approximately 3,640 gross / 2,850 net acres. Most leases have rights to the base of the Mannville. Two wells, including a recent reactivation, produce steadily at 15 boe/d (net) from the Cutbank and Glauconitic Sands at depths ranging 2,600 to 4,100 feet (~800 to 1,250 m) TVD. Another low-cost reactivation opportunity has been identified and is scheduled for Q2/Q3 2023.

For more information contact Steve Henrich at 402-294-1906, email at shenrich@energyadvisors.com or visit our website at www.energyadvisors.com/deals

Prairie Provident Resources

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