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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 poiseon Mar 16, 2017 6:18pm
199 Views
Post# 25990830

From management...

From management...

“The first asset we’re going to get on is what we call the Daiber area. It’s just south of our Blair block and it’s one of the absolute sweet spots for drilling the Montney in the whole area. They’re just very, very good wells in the Upper Montney,” he said.

“It’s relatively dry gas — not a lot of liquids — but the wells come on at 12 to 15 million a day and some of the best wells ever drilled in the Upper Montney consistently come from that area.”

Bullboard Posts