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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 briliantpebbleson Mar 16, 2017 10:24am
116 Views
Post# 25987507

RE:RE:RE:RE:RE:RE:RE:RE:RE:These guys..

RE:RE:RE:RE:RE:RE:RE:RE:RE:These guys.. it's not just an account entry. it's a real cost every quarter they send a big ole fat check to altagas to reimburse construction costs. big ole fat check.  phase 2 has not been negotiated yet. they ar enot talking about phase 2 yet. interesting no?

Whampoa wrote: You obviously can't read.

AltaGas owns 100% of Townsend Facility Phase 1 and Phase 2 

PPY flows 100% gas into Townsend 1 and 2 and forced by accounting rules to account for that in the financials as an obligation.


Bullboard Posts
Dealroom for high-potential pre-IPO opportunities