Prospera Energy Launches Key Infrastructure Upgrades to Unlock Next Phase of Production Growth
Prospera Energy (OTC: GXRFF) announced a Cuthbert-area pipeline replacement and infrastructure upgrade commencing Oct 23, 2025, with a $500,000 capital spend and a 10-day construction window.
The work replaces two legacy composite pipelines with corrosion-resistant spoolable FlexSteel, restores water-handling capacity, adds a third injection pump at Cuthbert 2-2, and is expected to raise waterflood injection capacity by ~2,500–3,500 m³/day from a current ~3,200 m³/day.
Prospera projects approximately +150 barrels per day incremental production after a 2–4 week stabilization ramp, improves leak detection and system reliability, and aims to lower operating costs through reduced downtime and maintenance.
Prospera Energy (OTC: GXRFF) ha annunciato una sostituzione della condotta e un aggiornamento delle infrastrutture nell'area di Cuthbert, a partire dal 23 ottobre 2025, con una spesa capitale di $500,000 e una finestra di costruzione di 10 giorni.
Il lavoro sostituisce due vecchie condotte composite con FlexSteel spoolable resistente alla corrosione, ripristina la capacità di gestione dell'acqua, aggiunge una terza pompa di iniezione a Cuthbert 2-2 e si prevede che aumenterà la capacità di iniezione del waterflood di circa 2.500–3.500 m³/giorno da circa 3.200 m³/giorno.
Prospera prevede una produzione incrementale di circa +150 barili al giorno dopo un periodo di stabilizzazione di 2–4 settimane, migliora il rilevamento delle perdite e l'affidabilità del sistema, e mira a ridurre i costi operativi mediante una riduzione dei tempi di inattività e della manutenzione.
Prospera Energy (OTC: GXRFF) anunció un reemplazo de tubería en la zona de Cuthbert y una mejora de infraestructura que comenzará el 23 de octubre de 2025, con un gasto de capital de $500,000 y una ventana de construcción de 10 días.
El trabajo reemplaza dos tuberías compuestas heredadas por FlexSteel enrollable resistente a la corrosión, restablece la capacidad de manejo de agua, añade una tercera bomba de inyección en Cuthbert 2-2, y se espera que aumente la capacidad de inyección de waterflood en aproximadamente 2.500–3.500 m³/día desde unos 3.200 m³/día.
Prospera prevé una producción incremental de aproximadamente +150 barriles por día después de una rampa de estabilización de 2–4 semanas, mejora la detección de fugas y la confiabilidad del sistema, y busca reducir los costos operativos mediante menos tiempo de inactividad y mantenimiento.
Prospera Energy (OTC: GXRFF)는 2025년 10월 23일부터 커스버트(Cuthbert) 지역의 파이프라인 교체 및 인프라 업그레이드를 발표했고, 자본지출 $500,000 및 10일의 시공 기간이 예정되어 있습니다.
이번 작업은 두 개의 기존 복합 파이프라인을 부식에 강한 spoolable FlexSteel로 교체하고, 물 취급 용량을 회복하며, Cuthbert 2-2에 세 번째 주입 펌프를 추가하고, 물주입 용량을 현재 약 3,200 m³/일에서 약 2,500–3,500 m³/일로 증가시킬 것으로 기대됩니다.
Prospera는 안정화 런다운 2–4주 후 약 +150 배럴/일의 생산 증가를 전망하고, 누수 탐지 및 시스템 신뢰성을 개선하며, 가동 중단 시간과 유지보수를 줄여 운영비를 낮추는 것을 목표로 합니다.
Prospera Energy (OTC: GXRFF) a annoncé le remplacement de conduite et une amélioration des infrastructures dans la zone de Cuthbert, à partir du 23 octobre 2025, avec une dépense en capital de $500,000 et une fenêtre de construction de 10 jours.
Les travaux remplace deux pipelines composites anciens par du FlexSteel spoolable résistant à la corrosion, rétablit la capacité de gestion de l'eau, ajoute une troisième pompe d'injection à Cuthbert 2-2, et devraient augmenter la capacité d'injection d'eau de substitution d'environ 2 500–3 500 m³/jour à partir d'environ 3 200 m³/jour.
Prospera prévoit une production incrémentale d'environ +150 barils par jour après une phase de stabilisation de 2–4 semaines, améliore la détection de fuites et la fiabilité du système, et vise à réduire les coûts opérationnels grâce à une moindre indisponibilité et maintenance.
Prospera Energy (OTC: GXRFF) kündigte einen Rohrleitungsersatz und Infrastruktur-Upgrades im Cuthbert-Gebiet an, der am 23. Oktober 2025 beginnt, mit einer Kapitalausgabe von $500,000 und einem Bauzeitfenster von 10 Tagen.
Die Arbeiten ersetzen zwei veraltete Composite-Pipelines durch korrosionsbeständige spoolbare FlexSteel, stellen die Wasserauslastungskapazität wieder her, fügen eine dritte Injektionspumpe bei Cuthbert 2-2 hinzu und sollen die Wasserinjektionskapazität um ca. 2.500–3.500 m³/Tag von derzeit ca. 3.200 m³/Tag erhöhen.
Prospera erwartet eine ungefähr +150 Barrel pro Tag zusätzliche Produktion nach einer 2–4-Wochen Stabilisierung, verbessert die Leckageerkennung und Systemzuverlässigkeit und zielt darauf ab, Betriebskosten durch weniger Ausfallzeiten und Wartung zu senken.
Prospera Energy (OTC: GXRFF) أعلنت عن استبدال خط أنابيب في منطقة كوثبرت وتحسينات للبنية التحتية ستبدأ في 23 أكتوبر 2025، مع نحو $500,000 كنفقات رأس مال ونافذة بناء مدتها 10 أيام.
يستبدل العمل خطي أنابيب مركبين قديمين بخط FlexSteel قابل للتعشيق ومقاوم للتآكل، يعيد قدرة التعامل مع الماء، ويضيف مضخة حقن ثالثة في Cuthbert 2-2، ومن المتوقع أن يزيد قدرة حقن الماء بمقدار حوالي 2,500–3,500 م³/اليوم من نحو 3,200 م³/اليوم.
تتوقع Prospera إنتاجاً إضافياً يقرب من +150 برميل/اليوم بعد سلسلة استقرار تمتد من 2–4 أسابيع، يحسن الكشف عن التسريبات وموثوقية النظام، ويهدف إلى خفض تكاليف التشغيل من خلال تقليل فترات التوقف والصيانة.
Prospera Energy (OTC: GXRFF) 宣布在 Cuthbert 区域进行管线更换和基础设施升级，施工将于 2025 年 10 月 23 日 开始，资本支出为 $500,000，施工窗口为 10 天。
该工作用耐腐蚀的可卷 FlexSteel 替代两条遗留的复合管线，恢复水处理能力，在 Cuthbert 2-2 处新增第三台注入泵，并预计将把水驱注入能力从当前约 3,200 m³/日 提升至约 2,500–3,500 m³/日。
Prospera 预计在 2–4 周 的稳定期后，产量将增加约 +150 桶/日，提高泄漏检测和系统可靠性，并通过减少停机时间和维护来降低运营成本。
- CapEx $500,000 for targeted pipeline replacements
- Injection capacity increase of ~2,500–3,500 m³/day
- Projected incremental production of ~150 bbl/d
- Construction completed over a 10-day window with minimal land disturbance
- Legacy pipeline failures previously required temporary well shut-ins
- System pressure currently ~5,000 kPa, below optimal 6,500–8,000 kPa
CALGARY, Alberta, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) ("Prospera", “PEI” or the "Corporation")
Prospera Energy is pleased to announce the commencement of a major pipeline replacement and infrastructure upgrade project in the Cuthbert area. The project involves the replacement of two key legacy pipelines over a ten-day construction period, with a total capital investment of approximately
The new pipelines are constructed using corrosion-resistant and spoolable FlexSteel material, replacing aging composite lines that had previously limited Prospera’s ability to manage water injection and maintain optimal reservoir pressure. Failures of the older lines had significantly reduced water-handling capacity, necessitating the temporary shut-in of select wells. Upgrading to FlexSteel enhances system integrity, improves leak detection, and ensures long-term operational reliability while minimizing environmental risk. The project is expected to increase waterflood injection capacity by approximately 2,500–3,500 m³ per day, expanding total field capacity from the current roughly 3,200 m³ per day. Additionally, a third water injection pump will be installed at the Cuthbert 2-2 battery following overhaul and maintenance. Together, these upgrades are projected to add approximately 150 barrels of oil per day in incremental production once stabilized over a two-to-four-week ramp-up period.
“This initiative enables more efficient redistribution of water from the north end of the pool to the south, relieving over-injection in certain zones while restoring pressure support in under-injected areas with low Voidage Replacement Ratios (VRR). It gives our reservoir engineering team the flexibility to dynamically adjust waterflood patterns, optimize recovery, and bring additional producer wells online in the southern portion of the field. With harvest now complete in the region, we can execute this work with minimal land disturbance while implementing long-term infrastructure that supports stable, optimized production,” said Darren Jackson, Prospera’s Chief Operating Officer. “This is a key step in modernizing our field systems and preparing for the next phase of growth.”
Following the severe weather events in the region and legacy pipeline quality defects, overall waterflood system pressure has been operating around 5,000 kPa, below the optimal 6,500–8,000 kPa range. The new pipeline replacements will significantly improve system reliability, reservoir efficiency, and injection stability—laying the groundwork for higher sustained reservoir pressure, consistent production performance, and improved long-term recovery factors.
Beyond immediate production gains, this project also provides material cost savings through reduced downtime, fewer maintenance interventions, and optimized field operations. Surplus FlexSteel pipe and fittings from this installation will be utilized for future infrastructure improvements, extending these operational and environmental benefits across Prospera’s broader heavy oil production base.
This project marks another important milestone in Prospera’s overall field redevelopment plan—executing targeted infrastructure projects to modernize the Company’s assets, optimize reservoir management, and position field operations for sustained production growth in 2025 and beyond while reducing field operating costs and increasing netbacks.
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.
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.
FAQ
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