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Painted Pony Pete Ltd PDPYF

"Painted Pony Energy Ltd Petroleum explores, develops, and produces petroleum and natural gas. The company focuses on the development of natural gas and natural gas liquids. The company's operations take place near the Montney formation in Northeast British Columbia. The Montney location is a sweet natural gas-saturated zone (natural gas that does not contain hydrogen sulfide or significant quantities of carbon dioxide) with no associated or underlying water. The company also has multiple gas pr


OTCPK:PDPYF - Post by User

Bullboard Posts
Post by poiseon Jan 18, 2012 11:34pm
373 Views
Post# 19420215

Lake Alma

Lake Alma

PPY drilled two additional Bakken wells at Lake Alma sections 24,23-1-16W2M and they are coming on quite strong.  Each are 250+ BOPD.  This area in SE Sask is a local Bakken sweet spot neighbouring PWT and CPG wells.  I believe this will be the announcement soon.

They do have numerous light oil targets and I am sure the transition will be smooth.

Poise

Bullboard Posts