Prospera Energy Announces Q2 2025 Financials & EnerCom Denver 2025 Participation
Prospera Energy (OTC: GXRFF) reported strong Q2 2025 financial results, with average net sales reaching 780 boe/d, an 18% increase from Q1. The company achieved sales revenue of $4.9 million, up 7% quarter-over-quarter, while significantly reducing operating costs by 38% to $36.86/boe.
Key operational highlights include $1.65 million in capital expenditures across well reactivations, plant maintenance, and environmental work. The company successfully reactivated eleven wells, adding 87 boe/d at an improved capital efficiency of $7,644/boe. Operating netback improved substantially to $22.73/boe from $10.55/boe in Q1, while working capital deficit improved by $2.8 million.
Additionally, Prospera secured $3.2 million in term-debt advances and will present at the EnerCom Denver Energy Investment Conference on August 19th, 2025.
Prospera Energy (OTC: GXRFF) ha registrato solidi risultati finanziari nel Q2 2025, con vendite nette medie pari a 780 boe/d, un incremento del 18% rispetto al Q1. La società ha realizzato ricavi da vendite per $4.9 million, in aumento del 7% su base trimestrale, riducendo significativamente i costi operativi del 38% a $36.86/boe.
I principali aspetti operativi comprendono $1.65 million in spese in conto capitale per riattivazioni di pozzi, manutenzione degli impianti e lavori ambientali. L'azienda ha riattivato con successo undici pozzi, aggiungendo 87 boe/d con una migliore efficienza di capitale di $7,644/boe. L'operating netback è salito notevolmente a $22.73/boe rispetto a $10.55/boe nel Q1, mentre il deficit di capitale circolante è migliorato di $2.8 million.
Inoltre, Prospera ha ottenuto $3.2 million in anticipi su debito a termine e presenterà all'EnerCom Denver Energy Investment Conference il 19 agosto 2025.
Prospera Energy (OTC: GXRFF) informó sólidos resultados financieros del Q2 2025, con ventas netas promedio de 780 boe/d, un aumento del 18% respecto al Q1. La compañía registró ingresos por ventas de $4.9 million, un incremento del 7% trimestre a trimestre, y redujo significativamente los costos operativos en un 38% hasta $36.86/boe.
Los aspectos operativos clave incluyen $1.65 million en gastos de capital destinados a reactivaciones de pozos, mantenimiento de planta y trabajos ambientales. La empresa reactivó con éxito once pozos, sumando 87 boe/d con una eficiencia de capital mejorada de $7,644/boe. El operating netback mejoró sustancialmente hasta $22.73/boe desde $10.55/boe en el Q1, mientras que el déficit de capital de trabajo mejoró en $2.8 million.
Además, Prospera aseguró $3.2 million en anticipos de deuda a plazo y presentará en la EnerCom Denver Energy Investment Conference el 19 de agosto de 2025.
Prospera Energy (OTC: GXRFF)는 2025년 2분기 실적에서 평균 순판매량 780 boe/d를 기록하며 전분기 대비 18% 증가한 견조한 성과를 보고했습니다. 회사는 판매수익 $4.9 million을 달성해 전분기 대비 7% 증가했으며, 영업비용은 38% 대폭 감소해 $36.86/boe를 기록했습니다.
주요 운영 하이라이트로는 정정(유정 재가동), 플랜트 유지보수 및 환경작업에 대한 $1.65 million의 자본적 지출이 포함됩니다. 회사는 11개 유정을 성공적으로 재가동해 87 boe/d를 추가했으며 자본 효율성은 $7,644/boe로 개선되었습니다. 운영 넷백(operating netback)은 Q1의 $10.55/boe에서 크게 개선되어 $22.73/boe가 되었고, 운전자본 적자도 $2.8 million 개선되었습니다.
또한 Prospera는 $3.2 million의 기한부 부채 선지급을 확보했으며 2025년 8월 19일 EnerCom Denver Energy Investment Conference에서 발표할 예정입니다.
Prospera Energy (OTC: GXRFF) a publié de solides résultats financiers au T2 2025, avec des ventes nettes moyennes de 780 boe/d, soit une hausse de 18% par rapport au T1. La société a réalisé des revenus de ventes de $4.9 million, en hausse de 7% d'un trimestre à l'autre, tout en réduisant fortement ses coûts d'exploitation de 38% à $36.86/boe.
Parmi les faits opérationnels marquants figurent $1.65 million de dépenses en capital consacrées à la réactivation de puits, à la maintenance des installations et aux travaux environnementaux. La société a réactivé avec succès onze puits, ajoutant 87 boe/d avec une efficience de capital améliorée à $7,644/boe. L'operating netback s'est nettement amélioré à $22.73/boe contre $10.55/boe au T1, tandis que le déficit de fonds de roulement s'est réduit de $2.8 million.
De plus, Prospera a obtenu $3.2 million d'avances de dette à terme et présentera à l'EnerCom Denver Energy Investment Conference le 19 août 2025.
Prospera Energy (OTC: GXRFF) meldete starke Finanzergebnisse für Q2 2025, mit durchschnittlichen Nettoumsätzen von 780 boe/d, einem Anstieg von 18% gegenüber Q1. Das Unternehmen erzielte Umsatzerlöse von $4.9 million, ein Plus von 7% gegenüber dem Vorquartal, und senkte die Betriebskosten deutlich um 38% auf $36.86/boe.
Zu den operativen Höhepunkten zählen $1.65 million an Investitionsausgaben für die Reaktivierung von Bohrungen, Anlagenwartung und Umweltarbeiten. Das Unternehmen reaktivierte erfolgreich elf Bohrungen und erhöhte die Produktion um 87 boe/d bei verbesserter Kapitaleffizienz von $7,644/boe. Das operative Netback verbesserte sich deutlich auf $22.73/boe gegenüber $10.55/boe im Q1, während das Working-Capital-Defizit um $2.8 million zurückging.
Zusätzlich sicherte sich Prospera $3.2 million an Term-Loan-Vorauszahlungen und wird am 19. August 2025 auf der EnerCom Denver Energy Investment Conference präsentieren.
- None.
- Sales revenue per boe decreased to $69.03 from $77.33 in Q1 due to weaker commodity prices
- Royalty costs increased to $9.44/boe from $7.32/boe in Q1
- YTD operating netback declined to $17.18/boe compared to $33.89/boe in 2024
CALGARY, Alberta, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) (“Prospera”, “PEI” or the “Corporation”)
In Q2 2025, Prospera invested
Strategic achievements included:
- Securing
$3.2 million in additional term-debt advances for development and optimization. - Completing workforce optimization to streamline decision-making and reduce G&A costs.
- Securing
$150 K through a convertible debenture offering, expected to close in Q3 2025.
Operational highlights for Q2 2025 are as follows:
- PEI realized average net sales of 780 boe/d in Q2 2025, an increase of
18% from Q1 2025 net sales of 660 boe/d. - Sales revenue in Q2 2025 totaled
$4,902,540 ($69.03 /boe), a7% increase from$4,579,726 ($77.33 /boe) in Q1 2025, due to higher sales volumes, partially offset by weaker commodity prices. - In Q2 2025, operating costs fell
38% from Q1 to$36.86 /boe due to the absence of unplanned maintenance, upgrades, and extreme cold weather costs seen earlier in the year. - In Q2 2025, PEI’s operating netback was
$1.61 million ($22.73 /boe), up from$627 K ($10.55 /boe) in Q1 2025. - Improved the working capital deficit by
$2.8 million from December 31, 2024, with Q2 period-end cash increasing by$582 K to$947 K.
| Q2 2025 | Q1 2025 | YTD 2025 | YTD 2024 | |||||||||
| P&NG sales revenue ($) | 4,902,540 | 4,598,472 | 9,501,012 | 9,079,566 | ||||||||
| Royalties ($) | (670,619 | ) | (435,115 | ) | (1,105,734 | ) | (615,626 | ) | ||||
| Operating costs ($) | (2,617,998 | ) | (3,536,091 | ) | (6,154,089 | ) | (4,345,139 | ) | ||||
| Operating netback ($) | 1,613,923 | 627,266 | 2,241,189 | 4,118,801 | ||||||||
| Per BOE, except total BOE sales volumes | Q2 2025 | Q1 2025 | YTD 2025 | YTD 2024 | |||||||||
| Total BOE sales volumes | 71,019 | 59,469 | 130,489 | 121,534 | |||||||||
| P&NG sales revenue ($) | 69.03 | 77.33 | 72.81 | 74.71 | |||||||||
| Royalties ($) | (9.44 | ) | (7.32 | ) | (8.47 | ) | (5.07 | ) | |||||
| Operating costs ($) | (36.86 | ) | (59.46 | ) | (47.16 | ) | (35.75 | ) | |||||
| Operating netback per BOE ($) | 22.73 | 10.55 | 17.18 | 33.89 | |||||||||
Conference call to accompany Q2 2025 Financial Results
Stakeholders are encouraged to join Prospera Energy for an investor conference call on August 15th, 2025, at 10:00 AM MT, where management will review Q2 2025 financial results, technical discussion of key wells, operational milestones, and the Company’s strategic direction: Click here to register.
EnerCom Denver Presentation
Prospera is pleased to announce that it will participate in the 30th Annual EnerCom Energy Investment Conference, taking place in Denver, Colorado on August 18th & 19th, 2025. Shubham Garg, Chief Executive Officer, and Chris Ludtke, Chief Financial Officer, will present on Tuesday, August 19th, 2025, at 1:55 p.m. MT. A live webcast of the presentation will be available to registered participants via the following link: https://www.enercomdenver.com.
About Prospera
Prospera Energy Inc. is a publicly traded Canadian energy company specializing in the exploration, development, and production of crude oil and natural gas. Headquartered in Calgary, Alberta, Prospera is dedicated to optimizing recovery from legacy fields using environmentally safe and efficient reservoir development methods and production practices. The company’s core properties are strategically located in Saskatchewan and Alberta, including Cuthbert, Luseland, Hearts Hill, and Brooks. Prospera Energy Inc. is listed on the TSX Venture Exchange under the symbol PEI and the U.S. OTC Market under GXRFF.
Prospera reports gross production at the first point of sale, excluding gas used in operations and volumes from partners in arrears, even if cash proceeds are received. Gross production represents Prospera’s working interest before royalties, while net production reflects its working interest after royalty deductions. These definitions align with ASC 51-324 to ensure consistency and transparency in reporting.
It is important to note that BOEs (barrels of oil equivalent) may be misleading, particularly if used in isolation. The BOE conversion ratio of 6 Mcf:1 bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.
For Further Information:
Shawn Mehler, IR
Email: investors@prosperaenergy.com
Chris Ludtke, CFO
Email: cludtke@prosperaenergy.com
Shubham Garg, Chairman of the Board
Email: sgarg@prosperaenergy.com
FORWARD-LOOKING STATEMENTS
This 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 that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, risks associated with the oil and gas industry in general (e.g., operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), commodity price and exchange rate fluctuations and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures.
The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Prospera. As a result, Prospera cannot guarantee that any forward-looking statement will materialize, and the reader is cautioned not to place undue reliance on any forward- looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release, and Prospera does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by Canadian securities law.
Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
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