Prospera Announces Completion of Key Pipeline Projects and Readiness for Winter Capital Program

Core Insights - Prospera Energy Inc. has successfully completed three major pipeline infrastructure projects, enhancing its reservoir optimization strategy and operational reliability as it enters the winter capital program [1][2][6] Infrastructure Upgrades - The completed projects include two replacement and integrity-upgrade pipelines in Cuthbert and one in Hearts Hill, which have returned several injector wells to operation and enabled a strategic online production of producer wells [2][3] - These upgrades are part of a broader infrastructure upgrade program aimed at enhancing safety, reducing downtime, and improving production performance across the asset base [2][4] Winter Capital Program - The 2025/2026 winter capital program includes a 42-well reactivation and optimization plan, targeting additional wells and scheduled workovers in Hearts Hill and Cuthbert [3][4] - The program aims to improve production reliability and strengthen near-term cash flow, supporting the company's operational and financial objectives [4] Regulatory Compliance - Over the past twelve months, the company has remediated 311 regulatory non-compliances, demonstrating its commitment to responsible development and regulatory alignment [5] Convertible Debenture Offering - Prospera has announced a convertible debenture offering scheduled to close on December 14, 2025, with investor interest remaining positive [7][8] - The offering aims to raise CAD 4 million to support the winter capital program and enhance production performance [8][9] Company Overview - Prospera Energy Inc. specializes in the exploration, development, and production of crude oil and natural gas, with core properties located in Saskatchewan and Alberta [10] - The company is publicly traded on the TSX Venture Exchange under the symbol PEI and the U.S. OTC Market under GXRFF [10]