Business
Prospera Energy Issues Operational Update and 2020/21 Guidance
CALGARY, AB / ACCESSWIRE / November 06, 2020 / Prospera Energy Inc. ("Prospera" or the "Co...
About this update from Prospera Energy Inc.
[{"type":"text","content":"Prospera Energy Issues Operational Update and 2020/21 GuidanceCALGARY, AB / ACCESSWIRE / November 06, 2020 / Prospera Energy Inc. (\"Prospera\" or the \"Corporation\") (TSXV:PEI)(FRA:OF6A) announces the resignation of Mr Dusan Berka a director from the Corporation's board of directors effective immediately. Prospera wishes to thank Mr. Berka for his contributions to the Corporation and wishes him well in his future endeavors.About ProsperaProspera Energy Inc. is a Canadian natural resource Corporation engaged in the acquisition, exploration, development and production of oil and gas properties with operations in Alberta and western Saskatchewan.For further information:Sarshar AhmadInterim Chief Executive Officer & DirectorEmail: [email protected]: (403)454-9010Website: www.prosperaenergy.comProduction volumes are commonly expressed on a barrel of oil equivalent (\"BOE\") basis whereby natural gas volumes are converted at a ratio of six thousand cubic feet to one barrel of oil. The intention is to convert oil and natural gas measurement units into one basis for improved analysis of results and comparisons with other industry participants. The term BOE may be misleading, particularly if used in isolation. The conversion ratio is based on an energy equivalent method and does not represent an economic value equivalency at the wellhead.FORWARD-LOOKING STATEMENTSThis news release contains forward-looking statements relating to the future operations of the Corporation and other statements that are not historical facts. Forward-looking statements are often identified by terms such as \"will\", \"may\", \"should\", \"anticipate\", \"expects\" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding future plans and objectives of the Corporation, are forward looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements Although Prospera believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because Prospera can give no assurance ...