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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
Comment by RIG500on Jun 16, 2011 4:43pm
230 Views
Post# 18725965

RE: RE: Asset sale to the rescue...

RE: RE: Asset sale to the rescue...NG production will support the dividend going forward (in theory), what will Sue do with the funds from the asset sale? I don't know, I want her to drill more oil wells and get the warwick storage up to 22 bcf asap since each bcf throws $1 million in cashflow every year or maybe just dump it all on the debt (june 30 credit lines to be reviewed).
I am not going to defend Sue at all, after all the SP went from $5 to $3, not a great track record and I am a shareholder, until now, even if only with a small position.
Bullboard Posts