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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
Comment by roscoe74on Mar 07, 2020 2:07pm
177 Views
Post# 30779228

RE:RE:RE:No point focusing on micro events

RE:RE:RE:No point focusing on micro eventsThe fundamental changes since the UGR deal are a recent land valuation based on the TOU land sale that puts a $1.15 bn price tag on all Pony lands when the entire market cap is $50 mln.

Behind the scenes due diligence to secure long term LNG sales gas contracts. Increased propane prices via AltaGas exports, More Dawn hub capacity. 

None of these positive developments will enhance share share prices in this market but they are all multipliers in a better demand environment.

It is what it is and will last for as long as it lasts.
Bullboard Posts

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