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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 shambano1on Nov 21, 2016 5:10pm
87 Views
Post# 25492072

More asset sales coming but by when

More asset sales coming but by whenIn q4 2016 or q1 2017. I'm.preety sure they will sell assets worth around 10 million to help fund their q4 capital program. Even with positive cf in q4 if ng prices get over 3 mcf, they still need to lower ddbt. What assets are left to sell or jv?? Very interesting times to be a ng producer trading St huge discount to nav, as long is. Ng prices are reacting to weather, donkeys see what withdrawals are next week and as winter progresses. Shortage if ng will create price spikes for sure. Dyodd
Bullboard Posts