Prospera Energy Announces Q2 2025 Financials & EnerCom Denver 2025 Participation

Core Insights - Prospera Energy Inc. reported a significant increase in production and revenue in Q2 2025, driven by strategic capital investments and operational improvements [1][6]. Financial Performance - In Q2 2025, Prospera's P&NG sales revenue reached $4,902,540, a 7% increase from Q1 2025's $4,598,472, attributed to higher sales volumes despite weaker commodity prices [3][6]. - Operating costs decreased by 38% from Q1 2025 to $36.86/boe, due to the absence of unplanned maintenance and extreme cold weather costs [6]. - The operating netback improved to $1.61 million ($22.73/boe) in Q2 2025, up from $627K ($10.55/boe) in Q1 2025 [6]. Production and Capital Expenditures - Prospera invested $1.65 million in capital expenditures in Q2 2025, with $665K allocated for well reactivations, $534K for plant maintenance, and $448K for environmental work [1]. - The reactivation of eleven wells in the Luseland and Cuthbert properties added 87 boe/d of production, achieving improved capital efficiency of $7,644/boe compared to $9,317/boe in Q1 2025 [1]. Strategic Developments - The company secured $3.2 million in additional term-debt advances for development and optimization, and completed workforce optimization to streamline decision-making and reduce G&A costs [6]. - Prospera is set to participate in the EnerCom Energy Investment Conference in Denver, Colorado, on August 18 & 19, 2025, where key executives will present [5]. Operational Highlights - Average net sales increased by 18% to 780 boe/d in Q2 2025 from 660 boe/d in Q1 2025 [6]. - Total BOE sales volumes for Q2 2025 were 71,019, compared to 59,469 in Q1 2025 [3].