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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

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Comment by TheGeneral1on Apr 20, 2017 7:51pm
147 Views
Post# 26146303

RE:RE:UGR's Montney cost per well and Condensate Volumes

RE:RE:UGR's Montney cost per well and Condensate VolumesCare to talk specifics. Dry gasser? Any actual numbers behind your argument? Compared to which company that is a comparable size? Dry Gas is about $3.15. Ppy is making pretty good cash now considering their cost of production is less than $2, gas should climb higher the closer we get to another winter. According to Ppy, actually 10% condensate of which 5 liquid and 5 other. 
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