OTCPK:PDPYF - Post by User
Comment by
largeinvestoron Mar 11, 2015 8:22pm
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Post# 23511799
RE:RE:PPY vs PEY and TOU
RE:RE:PPY vs PEY and TOUGood post but you must also understand why PPYs costs are higher..Simply lower production! If you have a TOU producing 150,000 boepd and a PPY doing 13,600 (Q4) Of course TOU gets economies of scale and higher number to divide those G&A / op costs into. Check out what TOUs operating costs were 4 years go before production ramped up and what they are now.
The same thing will happen to PPY over the next 5 years.