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Prospera Energy boosts 2025 reserves by 31%, grows production, and plans further well reactivations in 2026

Company Fundamentals
01 May 2026
Newsfile Corp
Bullish
pluang ai news

Prospera Energy reported a 31% increase in total proved plus probable reserves for 2025, driven by reactivating wells previously slated for abandonment and strategic acquisitions. The company grew production by 14.5% in 2025 and reduced operating costs by 24% per barrel in Q4. Key 2026 plans include expanding the Luseland reactivation program, integrating new assets, and improving production capacity. These efforts aim to sustain production growth and cash flow while optimizing capital and reducing liabilities.

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