Painted Pony Pete Ltd PDPYF

RE:New website

[robt1234]

Yes, it looks good but for purposes of comparison I like to see the potential resource in cu/f. Their 139,000 net acres translates to about 625 trillion cu/f. Correct me if I am wrong. And this potential is not like 3p in some other fields. On this I would like more expert opinion. Is it more like 2P? And exploration is not even costly by comparison. .... They say this: ". It is a highly over-pressured reservoir, leading to an internally estimated volume of more than 250 billion cubic feet of original gas-in-place per square mile. These large gas volumes provide Painted Pony with the opportunity to economically develop up to five independent layers within the Montney zone and up to four wells per layer over its 216 net sections. The Company’s high working interest, contiguous land block covers over 139,000 net acres of Montney rights. Painted Pony’s Montney gas is ideally suited for LNG (Liquefied Natural Gas) exports, being free of H2S with high heat content and no associated water production. In addition, the Company’s properties are positioned in close proximity to current and planned gas processing and pipeline infrastructure to both North American domestic markets and future LNG projects, "