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Pennant Energy Inc PENFF



GREY:PENFF - Post by User

Post by pennymaker69on Sep 15, 2012 12:15pm
208 Views
Post# 20367419

So the land....

So the land....

Has some value but these wells they have drilled are not great as they should be. Yes they will make some money but it will be a long time before these wells have paid back the costs of driling them.

When they start exporting Nat gas in 2015 maybe then Nat gas prices will go up and they will make some money. But that is years away.

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