Core Insights - Prospera Energy Inc. has successfully implemented a corporate reactivation strategy in Luseland, leading to increased oil production rates from reactivated wells [1][11][18] - The company is focused on optimizing production through technical learnings and operational efficiencies, which are driving measurable growth [1][11] Operational Updates - Well 10-07 has shown consistent output over seven months and has further optimization potential [4] - Well 10-08 has increased oil production while reducing water cut through effective operational management [7] - Well 01-17 is producing at a low water cut and generating exceptional netbacks, validating production potential in Section 17 [9] - Well 16-07, reactivated after over 20 years, is contributing significantly to production, indicating potential in other long-term shut-in wells [11] - Well 03-09 has been optimized with a recycle pump strategy, achieving high and stable initial production rates [14] - Well 07-33 has shown significant production gains through systematic enhancements and active management [17] Equity Offering - Prospera has amended the terms of its previously announced unit offering, extending the term of associated warrants by one year [18] - The offering is set at $3,000,000 CAD, with each unit priced at $0.035, consisting of one common share and one warrant [19] - Proceeds from the offering will be used for well reactivations, production optimization, and working capital [19] Monthly Conference Call - The company holds monthly conference calls to provide updates on operations, well performance, and financial metrics [20][21] Shares for Debt Settlements - Prospera has settled $79,532.98 in outstanding trade payables by issuing 1,590,660 common shares at a deemed price of $0.050 per share [22] Company Overview - Prospera Energy Inc. specializes in the exploration, development, and production of crude oil and natural gas, with core properties in Saskatchewan and Alberta [23]