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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


OTCPK:PDPYF - Post by User

Painted Pony Pete Ltd
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Comment by TheGeneral1on Jul 22, 2016 12:45am
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Post# 25074842

RE:Perspective (POU verses PPY)

RE:Perspective (POU verses PPY)nice perspective, I will add to this discussion. Paramount has been in serious risk of default until they recently sold some holdings to Pembina pipeline. They actually could not make payment to Pembina pipelines, so they offered a property to them in lue. It was that bad for paramount. I do believe that was for around 600 million. This recent montney sale to Seven Gen was paramounts crown jewel. Paramount is a significant holder of Seven Gen stock if you didn't know. If you calculate the land value into the sale, it works out to 12 million a section. I do agree that pony has better land and royalties. I don't think we are even close to the finished price on pony, I agree it is more like $20 and if PETRONAS gets approved. I cant even imagine.
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