Legacy Fields, Modern Solutions

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Unlocking overlooked assets to drive value and deliver compelling returns

Operations

Core properties including Cuthbert, Luseland, Hearts Hill, and Brooks.
400MM barrels of oil in place.~ 8% recovered with old vertical well technology.
Focuses on compatible technical applications.
Aspiring to provide a positive perception for the oil & gas industry.

A black and white map of the united states.

Hearts Hill

Brooks

Luseland

Cuthbert

Consort

Hanna

Prospera Energy Inc. is a publicly traded Canadian energy company specializing in the exploration, development, and production of crude oil and natural gas.

Calgary-based Prospera enhances legacy field recovery using safe, efficient methods. Core properties in Saskatchewan and Alberta include Cuthbert, Luseland, Hearts Hill, and Brooks. Listed on TSX Venture (PEI) and U.S. OTC (GXRFF).

Contact

Our Leadership Team

Executive Chairman

Shubham Garg is the Founder and CEO of White Tundra Investments, combining over a decade of hands-on oil and gas field experience with financial expertise. A recognized leader in Canadian energy investment, he is known for his sharp valuation skills and operational acumen. His strategic approach to resource development and capital deployment has established him as a trusted name in the industry.

Chief Operating Officer

Darren Jackson is a professional engineer with 30 years of leadership experience in oil and gas operations, engineering, and production. He has worked with junior and senior E&P companies in Western Canada and offshore, driving innovation and operational excellence.

Chief Financial Officer

Chris Ludtke is a finance leader with 20 years of experience in oil and gas, clean energy, and renewables. He spent 12+ years at Husky Energy before transitioning to executive roles in junior oil and gas. A CPA in Alberta, he holds a Bachelor of Management from the University of Lethbridge.

Sr. Reservoir Engineer

Dr. Peter Chung, a Senior Reservoir Engineer with 18 years of experience, specializes in reservoir management and Enhanced Oil Recovery (EOR). A Ph.D. graduate in Chemical Engineering, he has led strategies improving reserves and operational efficiency, including a 10% incremental recovery pilot.

Our Board Members

Shubham Garg

Executive Chairman

Matthew Kenna

Director CMA, CPA

Matthew Kenna has over 30 years of experience leading organizations, driving efficiencies, and growing profitability. As a CPA, CMA, he spent 15 years at KUDU Industries, scaling revenue from $35M to $150M by optimizing financial operations, fostering financing arrangements, and strengthening client relationships. With extensive expertise in business turnarounds and operational efficiencies, Matthew has a strong track record of fiscal success and deep connections in Calgary’s finance community.

Mark Lacey

Director BA

Mark Lacey is an entrepreneur and investor with 20 years of experience in public and private markets. He is the President of a Central Alberta-based family office and a graduate of the Canadian Securities Institute and Red Deer College’s Business Administration program. Mark specializes in portfolio management, capital markets, and strategic growth, leveraging his deep knowledge of financial markets to identify and execute high-value investment opportunities.

Brian McConnell

Director P.Eng, BSc, Exec. MBA

Brian McConnell brings 47 years of oilfield experience spanning Heavy Oil, Light Oil, and Natural Gas exploration and production. He has worked across the Western Canadian Basins, including consulting in the Arctic Islands for PanArctic Oils. His leadership at Saskoil, Wascana Energy, Murphy Oil, and Tundra Oil & Gas contributed to significant production growth, including increasing Tundra’s output from 4,000 to 28,000 bbls/d. Brian currently serves as President of 1101391 Alberta (Shallow Gas) and Highway Seven Resources (consulting).

Investors

News Releases

March 7, 2025

Prospera Energy Announces Acquisition of White Tundra Petroleum, Operations Update, and Convertible Debt Repayment Terms

February 27, 2025

Legacy Fields, Modern Solutions

Unlocking overlooked assets to drive value and deliver compelling returns

Operations

Prospera Energy Inc. is a publicly traded Canadian energy company specializing in the exploration, development, and production of crude oil and natural gas.

Our Leadership Team

Shubham Garg

Darren Jackson

Chris Ludtke

Peter Chung

Our Board Members

Shubham Garg

Matthew Kenna

Mark Lacey

Brian McConnell

Investors

News Releases

Prospera Energy Announces Acquisition of White Tundra Petroleum, Operations Update, and Convertible Debt Repayment Terms

Prospera Announces Monthly Operations Update and Increase to Term Loan

Prospera Energy Inc. Announces 2024 Year-End-Reserves

Investor Presentation

Reports & Fillings

Financial Reports

Financial Reports

Financial Reports

Financial Reports

Emergency Line

Calgary Hotline

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