Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Will another bidder show up?
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(232)
•••
Comment by roscoe74on Sep 02, 2020 12:00pm
133 Views
Post# 31494439

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Will another bidder show up?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Will another bidder show up?TD is the lead bank in the credit line syndicate. John makes another astute observation about the timing of a possible counter offer. 

Pure speculation on my part but an all or part share deal from a Tourmaline or Arc Resources etc player will be a better deal than the present offer and also one that will be more difficult for CNQ to match.

On the other hand, intermediates may not be big enough to absorb the contracts and hedges in the short term. Too much risk.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities