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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 TheGeneral1on May 26, 2016 10:03am
131 Views
Post# 24906204

i care more about selling ppy condensate than the gas

i care more about selling ppy condensate than the gasHere is a simple statement. Oil goes up, Thus more oil sands production, thus the price of expensive condensate goes up. So, when PPY produces more condensate out of its really wet wells, PPY makes tons more money. Gas, is important , yes, especially since prices are creeping up, but pumping out more condensate is like the cherry on the pie. Go pony.
Bullboard Posts

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