08:38 AM EST, 02/24/2025 (MT Newswires) -- Prospera Energy ( GXRFF ) over the weekend provided its 2024 year-end reserves and said it would bring online incremental wells with capital intensity of less than $8,000 per flowing barrel.

Net present value (NPV) before tax for PDP reserves increased 3% to $28.0 million from $27.1 million at a 10% discount rate. NPV before tax for PDNP reserves doubled to $18.9 million from $8.5 million at a 10% discount rate.

The company in a statement said year-end tax pool for Canadian oil and gas property expense, Canadian development expense and non-capital losses were $19.2 million, $17.2 million and $28.4 million, respectively.