Northwire Canada EditionWednesday, July 22, 2026
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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%
Financings

Prospera Energy Announces Q3 2025 Financial Results and Live Conference Call

PEI · Price

Executive Summary

  • Prospera Energy reported Q3 2025 sales revenue of $5.28 M with average net sales of 808 boe/d, a modest increase versus prior periods.
  • The company completed two strategic acquisitions: the remaining 14 % working interest in Cuthbert (via share‑and‑warrant consideration) and 100 % of White Tundra Petroleum (18 M common shares).
  • Financing activities secured $1.2 M of additional convertible debentures, a $0.1 M promissory note, and refinanced $0.6 M of debt into the convertible debenture program.

Key Details

  • Financial Performance
  • Sales revenue: $5,277,864 (≈$71.00/boe) vs. $4,902,540 in Q2 2025 and $4,727,708 in Q3 2024.
  • Operating netback: $0.8 M ($10.46/boe), down from $1.61 M ($22.73/boe) in Q2 2025 and $1.74 M ($29.23/boe) in Q3 2024.
  • Operating costs increased 33% to $49.18/boe (Q3 2025) versus $36.86/boe (Q2 2025).

  • Production & Capital Efficiency

  • Average net sales: 808 boe/d (↑4 % vs. Q2 2025, ↑25 % vs. Q3 2024).
  • Total BOE sales volumes: 74,337 boe (Q3 2025) vs. 71,019 boe (Q2 2025).
  • Capital expenditures: $2.0 M total; $0.65 M for reactivating 8 wells (adding 57 boe/d) and $1.35 M for plant maintenance/upgrades.
  • Capital efficiency of well reactivations: $11,406/boe (Q3 2025).

  • Acquisitions

  • Cuthbert Working Interest: Closed Sep 15 2025; acquired remaining 14 % to reach 100 % interest (effective Jan 1 2025). Consideration: 6,654,450 common shares + 3,334,550 warrants @ $0.05/share (exercisable until Sep 15 2028) and forgiveness of $1,027,110 joint‑operating receivables. Shares/warrants pending TSXV approval.
  • White Tundra Petroleum: Closed Aug 29 2025; acquired 100 % of issued & outstanding shares for 18,000,000 Prospera common shares. Assets located near Loyalist and Hanna, Alberta, adding incremental production and development upside.

  • Financing Activity

  • Secured $1.2 M additional convertible debenture proceeds and a $0.1 M promissory note for development/optimization.
  • Refinanced $0.6 M of debt due Q4 2025 into the company’s convertible debenture offering.

  • Conference Call

  • Investor conference call scheduled for Nov 28 2025, 10:00 AM MT to discuss Q3 results and operational milestones.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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