Painted Pony Pete Ltd PDPYF

Energy

"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

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Painted Pony Pete Ltd

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Comment by oilbarronon Dec 07, 2014 1:59am

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Post# 23203673

RE:RE:Wake up call

Hey Staghorn,

Yeah, I wasn't really thrilled to read it. Especially with Petronas delaying their decision just a few days ago. Here is where my head is at: Marcellus production increasing + warmer winter + oil price collapse (delaying or even cancelling LNG) = Badness for PPY. My ave price is $7, and I'm seriously considering selling...but damn they have a sweet spot in the Montney! Nevertheless, at some point I'm going to have to face these facts!!

I hear what you are saying re: First Energy, but there are just too many threats to PPY's story over the next 5 years (even though they are a great company and executing really well)

These threats are slapping us in the face daily, saying....listen up! Check out:

https://www.toledoblade.com/business/2014/12/07/Ohio-s-natural-gas-boom-brings-flurry-of-pipeline-construction.html

Good luck, and let's see what happens...hope my fears are all wrong, and PPY makes a killing.

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This junior mining stock offers billions in market exposure