The natural gas exploration and production business is full of opportunities and challenges.  Although in this current environment we are experiencing some of the most challenging times in the commodity and equity markets that any of us has experienced in our careers, we believe that this will create tremendous opportunity for well positioned companies.  
As you get to know Progress better, we want you to focus on several key characteristics:
  • High quality assets, focused in the most desirable part of the Western Canadian Sedimentary Basin;
  • Strong technical, financial and administrative professionals;
  • Low cost structure;
  • Financially prudent management; and,
  • Track record of success.
We believe these key attributes will be critical to our success over the longer-term.
 
 
I invite you to get to know our company better by email or calling Greg Kist, Vice President, Investor Relations and Marketing at 403-539-1809 or by email at gkist@progressenergy.com.

Progress Energy Resources Corp., or "Progress", was formed in January 2009 through the business combination of Progress Energy Trust and ProEx Energy Ltd.  Progress's strategy focuses on growing reserves, production and cash flow while paying a dividend to shareholders.


Source:
Globe Investor
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Progress trades on the Toronto Stock Exchange under the symbol PRQ.