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CTV 0.110 −4.3% III 7.58 +5.3% NAM 0.240 −2.0% MOG 0.540 +8.0% LUG 79.10 +2.9% TWR 0.165 +3.1% LALI 0.050 +0.0% NFG 2.02 +3.1% APMI 0.145 +0.0% CDE 21.58 +8.3% NVLH 0.075 −11.8% PHNM 0.345 +4.5% AEC 6.71 +11.5% IAU 1.90 +7.3% LOD 0.295 +0.0% FVL 0.990 +8.8% CTV 0.110 −4.3% III 7.58 +5.3% NAM 0.240 −2.0% MOG 0.540 +8.0% LUG 79.10 +2.9% TWR 0.165 +3.1% LALI 0.050 +0.0% NFG 2.02 +3.1% APMI 0.145 +0.0% CDE 21.58 +8.3% NVLH 0.075 −11.8% PHNM 0.345 +4.5% AEC 6.71 +11.5% IAU 1.90 +7.3% LOD 0.295 +0.0% FVL 0.990 +8.8%
Earnings

Prospera talks revenue, omits P&L from Q3 NR

By The Northwire Desk — AI Analysis Nov 27, 2025 · 12:53 PEI · 0.05 Prospera Energy Inc
PEI · Price

Executive Summary

  • Prospera Energy Inc. reported Q3 2025 financial results, including $5.3 million in sales revenue and an operating netback of $800,000.
  • The company completed two significant acquisitions: consolidating its working interest in the Cuthbert area to 100% and acquiring 100% of White Tundra Petroleum.
  • Operational highlights include a 4% increase in average net sales production to 808 boe/d, though operating netbacks decreased significantly compared to Q2 2025 and Q3 2024 due to higher operating costs.

Key Details

  • Financial Performance (Q3 2025):
    • Sales Revenue: $5,277,864 ($71.00/boe).
    • Operating Netback: $800,000 ($10.46/boe).
    • Operating Costs: Increased 33% to $49.18/boe (from $36.86/boe in Q2 2025) due to higher contract operator fees, field maintenance, road usage fees, and the impact of the 14% working interest acquisition.
  • Production Metrics:
    • Average Net Sales: 808 boe/d (up 4% from 780 boe/d in Q2 2025; up 25% from 647 boe/d in Q3 2024).
  • Capital Expenditures:
    • Total CapEx: $2.0 million.
    • Well Reactivations: $650,000 targeting eight wells in Luseland and Cuthbert properties, adding 57 boe/d of production at a capital efficiency of $11,406/boe.
    • Plant Maintenance/Upgrades: $1.35 million for infrastructure integrity and production reliability.
  • Acquisitions:
    • Cuthbert Area Interest: Closed on Sept. 15, 2025 (effective Jan. 1, 2025), acquiring the remaining 14% working interest to reach 100% ownership. Consideration included 6,654,450 common shares, 3,334,550 common share purchase warrants (exercisable at $0.05/share until Sept. 15, 2028), and forgiveness of $1,027,110 in joint operating receivables. Shares/warrants pending TSX-V approval.
    • White Tundra Petroleum: Closed on Aug. 29, 2025, acquiring 100% of issued and outstanding common shares for 18 million common shares of Prospera. Assets are located near Loyalist and Hanna, Alta.
  • Financing Activities:
    • Secured $1.2 million in additional convertible debenture proceeds and $100,000 in promissory note proceeds for development.
    • Refinanced $600,000 of debt due in Q4 2025 into the company's convertible debenture offering.

Notable Quotes

  • No direct quotes from the CEO/President were included in the provided text.
Read the original news release →

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