Pennant Energy Inc PENFF

RE: video interview at PDAC 2012 with Thomas Yingl

[Focusakker]

In the video, Tom Yingling stated that the two well that should coome on line shortly (end of March?) will produce $400K a month in cashflow.  If they produce 25 wells @ $100K per month (12.5% vs. 25%)then we are talking $2.5 mliion per month for a comany with a market cap of $10 million.

I know that this company has a problem excuting it's plans (the 3rd Bigstone well is an example) and it's not a great communicating organization, but this might be worth sticking around for.

Paul