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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 > Management gets a $5.3 million signing bonus
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Comment by TradeTraceron Sep 11, 2020 11:20am
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Post# 31542490

RE:RE:RE:RE:RE:RE:Management gets a $5.3 million signing bonus

RE:RE:RE:RE:RE:RE:Management gets a $5.3 million signing bonusCNRL has probably guaranteed the BOD jobs after the takeover, otherwise a nice severance package, there'll be no incentive for Pat or anybody to do what you were suggesting
As for the assets that's why we were all here, it was a true value play for Nat. Gas and CNRL sees it the same way.
CNRL will probably break up PONY, sell what it doesn't want to get their money back and keep the rest for free...

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