Last C$0.94 CAD
Change Today -0.01 / -1.05%
Volume 5.0K
As of 9:51 AM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

prd energy inc (PRD) Snapshot

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11/8/13 - C$1.56
52 Week Low
07/18/13 - C$0.46
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prd energy inc (PRD) Details

PRD Energy Inc., a development stage company, engages in the development and exploration of oil and gas properties in Germany. The company produces natural gas and crude oil. As of April 23, 2013, it had 12 petroleum licenses covering approximately 1,801,300 acres of land in Lower Saxony, Schleswig-Holstein, and Bavaria, Germany. The company was formerly known as Pacific Rodera Energy Inc. and changed its name to PRD Energy Inc. in August 2010. PRD Energy Inc. was founded in 1983 and is headquartered in Calgary, Canada.

Founded in 1983

prd energy inc (PRD) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: C$210.0K
President, Chief Operating Officer and Direct...
Total Annual Compensation: C$245.8K
Chief Financial Officer and Vice President of...
Total Annual Compensation: C$147.5K
Vice President of Exploration
Total Annual Compensation: C$199.2K
Compensation as of Fiscal Year 2013.

prd energy inc (PRD) Key Developments

PRD Energy Inc., Annual General Meeting, Jun 26, 2014

PRD Energy Inc., Annual General Meeting, Jun 26, 2014., at 10:00 Mountain Daylight. Location: Suite 510, 840 - 6th Avenue S.W.. Agenda: To receive financial statements as at and for the financial year ended December 31, 2013, and the auditors' report on such statements; to fix the number of directors to be elected at the Meeting at six; to elect six directors for the ensuing year; to appoint the auditors of the company and authorize the directors to fix their remuneration as such; to consider and if thought appropriate, to pass, with or without variation, an ordinary resolution ratifying the company's existing stock option plan; and to transact such further and other business as may properly come before the Meeting or any adjournment or adjournments thereof.

PRD Energy Inc. Auditor Raises 'Going Concern' Doubt

PRD Energy Inc. filed its Annual on Apr 23, 2014 for the period ending Dec 31, 2013. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

PRD Energy Inc. Provides Operational Update

PRD Energy Inc. and its partner continue to produce the Boerger 7a well and monetize its production. Commissioning of the production facilities is ongoing and expected to be completed in the next two weeks after mechanical reconfiguration of select components of the facilities. PRD is highly encouraged by the initial results of this well to date. Continuous optimized operations will allow the Company and its partner to better understand the long-term capability of the well and determine the ultimate field development opportunity at Boerger.


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