Prairie Storm Resources Corp. is a Canada-based company engaged in the acquisition, exploration, development and production of petroleum and natural gas reserves in western Canada. The Company is focused on the production of Cardium oil. It produces an approximately 2,143 boe/d, weighted 53 to liquids, which owns and control infrastructure, including pipelines, compression and processing facilities. The Company owns and operates several units under water flood, which have low decline rates due to pressure support. With a contiguous land base of approximately 68,908 gross acres, and the drilling and delineation of approximately 13 horizontal Cardium oil wells, Prairie Storm has booked approximately 28.5 million boe of reserves and maintains an inventory of booked and un-booked locations.
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