Painted Pony Pete Ltd PDPYF

Pipelines in the Pipeline

[Runaway1492]

TMX and CGL get all the press but there's a lot of pipelines that companies would like to build over the next few years in the Montney...

NGTL - GP Methanol Plant pipeline anticipated construction to commence Q4 2020 with in service date target of Sept 2021.

NGTL Expansion - 350 KM of 48 inch pipe heading from to GP to Clearwater County. In service date projected Q2 2021.

Keyera Key Access Pipeline: 1.3 billion dollar pipeline to carry NGL and condensate from GP to Fort Saskatchewan. Target in service date 2022 H1.

Pemina - Peace Pipeline expansions VI, VII and VIII. VI is already getting built and scheduled to go online H2 2019. VII is 20 inch pipe from La Glace to Edmonton with a completion target date of H1 2021.

Spruce Ridge Program by Enbridge would create loops of existing pipe in near Aitken Creek (24 inch diameter and 13 km length) and Chetwynd (36 inch diameter and 25 km length).  Enbridge has regulatory approval but they haven't set a start date yet.

I would hope that these new pipelines, if completed, would help with the egress issues natural gas and NGL are facing in The Peace but I'm unsure of the net effect on pricing for a company like PONY.  

Development in the region looks good in the medium term if they go through.  Get all these pipes build and CGL then sentiment should pick up.  

Getting Boy Boy out of office and putting Scheer in charge is what we really need but that's easier said than done.