Progress Energy Resources Corporation operates in the Crude petroleum and natural gas sector. Progress Energy Resources Corp. is engaged in the exploration for, and the acquisition, development and production of, oil and natural gas reserves in the provinces of British Columbia and Alberta. As of December 31, 2010, its exploration and development programs focused on opportunities in the Montney formation in the Foothills region of northeast British Columbia and the Nikanassin in the Deep Basin region of northwest Alberta. During the year ended December 31, 2010, the Company's production averaged 40,932 barrels of oil equivalent (boe) per day, consisting of 213,659 thousand cubic feet (mcf) per day of natural gas, 1,957 barrels (bbls) per day of crude oil and 3,365 bbls per day of natural gas liquids. In 2010, it drilled 77 gross wells (66.3 net), including 28 gross wells drilled in the Deep Basin region of northwest Alberta, 48 gross wells in the Foothills region of northeast British Columbia, and one gross well in the Ojay area in northeast British Columbia. In our complete report available for purchase the company is compared to: NAL Energy Corporation, Trilogy Energy Corporation and Baytex Energy Corporation.