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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 specboy2011on Dec 03, 2014 9:18pm
141 Views
Post# 23192944

RE:Give your head a shake, geez

RE:Give your head a shake, geez
PPY was counting on LNG projects in Kitimat in the future.When the future keeps getting kicked down the road expectations are obviously not met.Market is forward looking and now can't see through the forest.Need to get the trees cut down.Lets not kid ourselves this is bad news....Yes Altagas is there but its a AECO price and really until there is more demand why produce more gas out of Montenay at losses.Prety much shuts the growth down.....Jusy my opinion but market will react big on this..I own BIR and not thrilled about this
Bullboard Posts