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Prospera Announces Closing Of Light Oil Property Acquisition

PRIVATENov 14, 2022

Acquiring Company

Prospera

CalgaryEnergyNatural Resources

Description

Prospera Energy Inc. (PEI): TSX: PEI-V; OTC(USA): GXRFF; FRA(Germany): OF6A (“Prospera” or the “Corporation”) announces that further to the Corporation’s July 21, 2022 and September 1, 2022 press releases, the Corporation has closed this acquisition of a 50% working interest in Brooks, AB and 100% of the non-op minority working interest of southern Saskatchewan properties from Cabaca Resources.

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Company Information

Company

Prospera

Location

Calgary, Alberta, Canada

About

Prospera is a public oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in Western Canada. Prospera will use its experience to develop, acquire and drill assets with potential for primary and secondary recovery.

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This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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