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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
Comment by Roberto8024on Aug 14, 2013 8:44am
167 Views
Post# 21668793

RE:RE:Q2 results

RE:RE:Q2 resultsResutls were great.  Everyone new the shut in would somewhat hinder production but its not a result of execution by PPY which is the most important thing.  Markets don't like poor management execution.

Growth is remarkable for these guys considering the market challlanges and the balance sheet is clean.  I am particularly pleased with the light oil program.  It is growing nicely and when PPY gets taken out one day this oil asset will be spun off as its own company.

You are paying for growth and you will be rewarded with holding PPY.

Bullboard Posts