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About
The natural gas exploration and production business is full of opportunities and challenges. Although in this current environment we are experiencing some of the most challenging times in the commodity and equity markets that any of us has experienced in our careers, we believe that this will create tremendous opportunity for well positioned companies. [1]
Progress Energy Resources Corp., or "Progress", was formed in January 2009 through the business combination of Progress Energy Trust and ProEx Energy Ltd. Progress's strategy focuses on growing reserves, production and cash flow while paying a dividend to shareholders.
The company's two primary operating regions are the Deep Basin of Northern Alberta and the Foothills of Northern British Columbia. These regions are considered among the most desirable resource play regions in North America. New technologies are continually being applied and refined to economically recover the large natural gas resource-in-place. [2]
Contact Information
Progress Energy Resources Corp.
1200, 205 - 5th Avenue S.W.
Calgary, Alberta T2P 2V7
Canada
Phone: 403-216-2510
Fax: 403-216-2514
Website: http://www.progressenergy.com
Investors
Bloomberg market quotes PRQ
CNBC market quotes PRQ
