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Painted Pony Pete Ltd PDPYF

"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

Bullboard Posts
Comment by coorsmanon Feb 04, 2012 3:37pm
415 Views
Post# 19490736

RE: Here comes the Chinese.

RE: Here comes the Chinese.

There is little doubt that PPY will be bought out, and I think I may have figured out who it is. If so, it will surprise the heck out of everyone. I was even taken aback when I realised what was going on. We might know before the end of the month.

It is difficult to say exactly what the final bid might be, but with the weakness in nat gas, and considering who I think the bidder will be, it may only be the previous high. But all things considered, I suppose it wouldn't be the end of the world.

Bullboard Posts