Prairie Provident Resources Announces Management Change

Mr. McDonald has 40 years of experience in North American upstream and midstream operations and has founded, financed and managed public and private E&P companies. Since 2003, he has been Chief Executive Officer and a Director of Carbon Energy Corporation, a company which he founded and which operates upstream and midstream assets in the Ventura Basin of California. Mr. McDonald is a Certified Petroleum Geologist and is a member of the American Association of the Petroleum Geologists and of the Canadian Society of Petroleum Geologists.