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flag Prospera Energy reports a 26% jump in oil and gas reserves, boosting its Net Present Value by 3%.

flag Calgary-based Prospera Energy Inc. reported significant growth in its 2024 year-end oil and gas reserves, including a 26% increase in Total Proved plus Probable (2P) reserves to 6,793 Mboe. flag The company also saw a 3% rise in the Net Present Value (NPV) of its PDP reserves to $28.0 million and a doubling of NPV for proven developed non-producing (PDNP) reserves to $18.9 million. flag The corporation aims to convert undeveloped reserves to producing reserves through low-risk workovers and reactivations.

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