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Painted Pony Pete Ltd PDPYF

Energy
"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

Painted Pony Pete Ltd
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Comment by TheGeneral1on Jul 28, 2016 2:26pm
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Post# 25092876

RE:RE:Oil flirting with 40. Hey PASSNUT

RE:RE:Oil flirting with 40. Hey PASSNUTSorry Passnut, I understand, it kinda looked like you were pumping bir. PPY usually follows the price of oil. Except when ppy have good news, then they jump huge. like today. But PPY has about 150 million in debt and BIR has about 1 billion in debt with twice as much land but only pumps out as much as ppy?, I know which one will be worth more that's for sure. I Always try to go for debt free companies that max their sales production. Like PPY and Blackbird and Chinook. If we have a cold winter, I don't think there are going to be any losers in the montney though. I sometimes dabble in EnCana since they are offloading debt and moving to a better balance sheet. im Long on NAT GAS from this area period. Kinda like the Athabasca region for uranium.
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