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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
Post by Meekyon Nov 11, 2015 11:15pm
136 Views
Post# 24283590

Stockchase comment from Martin Davies

Stockchase comment from Martin DaviesHas a great sensitivity to natural gas. The operating cost structure is in good shape. There have been some excellent processing plants that have been joint ventured with Altagas (ALA-T) that allow them to get this gas on stream. There will be a big change on his valuation and perception, if we go ahead on an LNG project on the West Coast. He likes the company. Has been hit by heavy, relentless foreign selling, but has heard that the Shorts are finished and some of them are covering.
Bullboard Posts