When and how was Progress created?
Progress was created through the merger of Progress Energy Trust and ProEx Energy in 2009.
Who evaluates Progress’ reserves?
GLJ Petroleum Consultants Ltd.
When will Progress begin reporting its financial results in accordance with IFRS?
Progress began reporting under IFRS with its interim consolidated financial statements for Q1. The adoption of IFRS has not had an impact on the Company’s operations, strategic decisions or cash flow from operations before changes in non-cash working capital.
Where can I get a copy of Progress annual report?
Consolidated Financial Statements and Notes to the Consolidated Financial Statements and Management’s Discussion and Analysis for Progress Energy Resources Corp. have been filed on SEDAR (www.sedar.com) under Progress Energy Resources Corp. and can also be accessed on our website.