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Bill Powers (Mining Stock Education) and Shubham Garg (White Tundra Investments) each placed big bets on Prospera Energy. They did so independently of each other but come together in this show to share why they are bullish on the company. Neither Bill nor Shubham has received compensation from Prospera. Both are investors in the company. Shubham will be a strategic partner for both engineering support and business development initiatives moving forward. Listen to CEO Samuel David and VP Finance Chris Ludtke explain Prospera Energy\u2019s investment thesis in this episode. For the past two years Prospera has been in restructuring as legacy debts and non-compliances have been largely resolved. During this period, the team has grown production from 80 bpd to 1,250 boepd and reduced production costs from C$60/barrel to under C$40/barrel. They believe that in the next 2-3 years they can reduce production costs to possibly under C$20/barrel and achieve 10,000+ boepd by optimizing current assets and through strategic acquisitions. The company has about 400 million barrels of oil in place. And Prospera\u2019s core assets in Saskatchewan and Alberta had previously, during peak oil times when they were being fully developed by multinational oil companies, already saw production of over 10,000 boepd. The company has the facilities to accommodate over 10,000 boepd. 0:00 Introduction 1:23 Why Bill invested in $PEI.v 3:29 Why Samuel David took on Prospera\u2019s restructuring 6:11 Why Samuel chose restructuring rather than bankruptcy 11:04 Lacey and Richardson families financed restructuring 13:00 Shubham Garg & White Tundra are strategic partners 19:07 Shubham\u2019s $PEI.v blue sky price targets 22:44 Prospera optimizing and lower production costs 24:21 Role of hedging production? 25:25 Significant increase in 2P reserves & reserve life index 28:26 Analogue company for Prospera? 29:23 Horizontal drilling program 33:19 Prospera\u2019s partnership with Aduro Clean Tech to transform heavy oil into higher-value fuels 34:23 Enhanced Oil Recovery Techniques 36:06 10,000+boepd target in 2-3yrs is very doable 37:42 Sunk and replacement costs for Prospera\u2019s facilities 39:42 Shubham\u2019s commentary on PEI\u2019s share structure 41:18 Shubham: \u201cThe company has achieved escape velocity\u201d 43:09 Shubham: \u201cNew wells are being managed well\u201d 44:31 Shubham: Many ways to increase production 47:19 Final thoughts https://www.prosperaenergy.com/ Stock Exchange Listings (TSX.V: PEI, OTC: GXRFF, FRA: OF6B) 2023 Year of Record Growth Press Release: https://money.tmx.com/en/quote/PEI/news/8281083222543338/Prospera_Positioned_for_2023_Record_Growth_after_2022_Transformational_Year_of_Production_Revenue_and_Profitability Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Bill Powers placed a big bet on $PEI.v with his own cash at an average cost basis of about C$.08/share. His time horizon is about 2-3 years from now for this investment to yield the (outsized) returns he expects. He was not compensated to feature Prospera Energy on MSE. Do not purchase shares of Prospera because Bill did. Do your own due diligence. Prospera Energy\u2019s cautionary forward-looking statement also applies to the content written below and the information discussed in my interview. The standard MSE disclaimer applies to this interview: https://www.miningstockeducation.com/disclaimer/