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Perpetual Energy Inc T.PMT

Alternate Symbol(s):  PMGYF

Perpetual Energy Inc. is a Canada-based oil and natural gas exploration, production and marketing company. The Company owns a diversified asset portfolio, including liquids-rich conventional natural gas assets in the deep basin of West Central Alberta, and undeveloped bitumen leases in Northern Alberta. The Company also has a portfolio of oil sands leases which have bitumen resource potential.


TSX:PMT - Post by User

Bullboard Posts
Post by CravenRaven101on May 24, 2011 9:38am
247 Views
Post# 18616849

JUST a question

JUST a questionHOW doe US NG data (rig activity) have any relevance to a STRICTLY Canadian (Junior) NG producer like PMT? I could see the relevance IF PMT had some semblance of market share...OR a US presence... BUT given their current NG production (and dropping as they direct capex to oil & NG liquids) US data is pretty much irrelevant.

IT should be apparent to most by now that PMT's conversion to a corporation from trust ...is NOT going well... THERE was always going to be some casualties as industry revamped and retooled their strategies away from the trust model...

Just trying to understand how/why folks are still flogging this horse using a whip (US activity) that has no bearing on PMT.
Bullboard Posts