# Prospera Energy Restarts Five Additional Luseland Wells at $6,400 per Flowing Barrel; First Ten Reactivations Return 1.92x Capital Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/prospera-energy-restarts-five-additional-luseland-wells-at-6-400-per-flowing-bar--4c5311e6-0aec-47b7-b1cf-bd4cd259c134 Original source: https://orestocks.com/company/PEI.V/press-releases/8052998760089405 Publisher: orestocks Original announcement: 2026-10-16T04:35:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-16T05:33:10.397Z Atlas analysis updated: 2026-10-16T05:33:10.397Z - Company: Prospera Energy Inc. - Ticker: PEI.V - Exchange: Unavailable - Region: Saskatchewan - Primary commodity: Oil - Secondary commodities: Natural gas - Document categories: Production, Drill results - Extracted: 2026-10-16 05:33:11 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Prospera Energy has completed workovers on five heavy oil wells at Luseland, Saskatchewan, achieving a 3.6-fold increase in combined oil production. The company also reported that its initial ten reactivation wells have returned 1.92x capital, with nine of ten having already achieved payout. Reasoning: The company successfully reactivated five wells with significant production increases and under-budget costs, demonstrating a highly efficient, low-CAPEX growth strategy. - Positive factor: significant production increase \(3.6x\) - Positive factor: workovers completed under budget - Positive factor: high capital return \(1.92x\) from first ten wells - Positive factor: large reactivation inventory \(140+ candidates\) - Negative factor: early rates may be unstable due to sand/fluid settling Facts used in scoring: 4 ## Classification and evidence **Low CAPEX Growth** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The company is growing production through well reactivations rather than expensive new drilling. Evidence · text > The cheapest barrel is the one that's already sitting behind a wellbore ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### 7-33-35-25W3 [Link to this fact](https://atlas-staging.minestarters.com/news/prospera-energy-restarts-five-additional-luseland-wells-at-6-400-per-flowing-bar--4c5311e6-0aec-47b7-b1cf-bd4cd259c134#fact-drill-facts-0) Luseland · oil #### Identity - Hole ID: 7-33-35-25W3 - Project: Luseland - Commodity: oil - Region: canada\_sk - Reported Region: canada\_sk - Ticker: PEI.V #### Geometry - Grade: 28.9 - Grade Unit: bbl/d #### Classification - Sample Type: drill #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-16T00:00:00.000Z Reasoning: Strong production increase following workover. - Positive factor: 5.4x increase from prior rate - Positive factor: most productive well in the group Evidence · text > 7-33-35-25W3... averaged 28.9 bbl/d of oil since returning to production #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 2-33-35-25W3 [Link to this fact](https://atlas-staging.minestarters.com/news/prospera-energy-restarts-five-additional-luseland-wells-at-6-400-per-flowing-bar--4c5311e6-0aec-47b7-b1cf-bd4cd259c134#fact-drill-facts-1) Luseland · oil #### Identity - Hole ID: 2-33-35-25W3 - Project: Luseland - Commodity: oil - Region: canada\_sk - Reported Region: canada\_sk - Ticker: PEI.V #### Geometry - Grade: 11.2 - Grade Unit: bbl/d #### Classification - Sample Type: drill #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-16T00:00:00.000Z Reasoning: Significant production increase. - Positive factor: 5.6x increase from prior rate Evidence · text > 2-33-35-25W3... averaged 11.2 bbl/d of oil since returning to production #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### A14-18-36-25W3 [Link to this fact](https://atlas-staging.minestarters.com/news/prospera-energy-restarts-five-additional-luseland-wells-at-6-400-per-flowing-bar--4c5311e6-0aec-47b7-b1cf-bd4cd259c134#fact-drill-facts-2) Luseland · oil Historical result Needs review: historical\_restatement #### Identity - Hole ID: A14-18-36-25W3 - Project: Luseland - Commodity: oil - Region: canada\_sk - Reported Region: canada\_sk - Ticker: PEI.V #### Geometry - Grade: 8 - Grade Unit: bbl/d #### Classification - Sample Type: drill #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2018-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-16T00:00:00.000Z Reasoning: Modest production increase. - Positive factor: 2.1x increase Evidence · text > A14-18-36-25W3... averaged 8.0 bbl/d of oil since returning to production #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 16-8-36-25W3 [Link to this fact](https://atlas-staging.minestarters.com/news/prospera-energy-restarts-five-additional-luseland-wells-at-6-400-per-flowing-bar--4c5311e6-0aec-47b7-b1cf-bd4cd259c134#fact-drill-facts-3) Luseland · oil Historical result Needs review: historical\_restatement #### Identity - Hole ID: 16-8-36-25W3 - Project: Luseland - Commodity: oil - Region: canada\_sk - Reported Region: canada\_sk - Ticker: PEI.V #### Geometry - Grade: 6.3 - Grade Unit: bbl/d #### Classification - Sample Type: drill #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2016-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-16T00:00:00.000Z Reasoning: Small production increase. - Positive factor: 1.6x increase Evidence · text > 16-8-36-25W3... averaged 6.3 bbl/d of oil since returning to production #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.