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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 > Who is the buyer?
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Comment by Runaway1492on Oct 18, 2019 3:53pm
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Post# 30245374

RE:Who is the buyer?

RE:Who is the buyer?Just speculation but maybe the buyer is Kogas or PetroChina. I spoke to HR months back and they said they were in discussions with those two about potential supply agreements leading into LNG Canada. (Not sure if they were supposed to be talking about that to retail investors) When figuring out the value of the company be sure to add it's debt and market cap together to give the enterprise value. Going on market cap alone is deceiving.
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