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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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(9)
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Comment by marketdivaon Oct 20, 2016 10:04pm
135 Views
Post# 25368891

RE:RE:Interesting.....

RE:RE:Interesting.....
UppersDowners wrote: Tourmaline paid $1.4 Billion for 25,000 barrels equivalent of NG so that makes PPY worth at least $2 to $3 Billion plus using the same metrics. That is if they were to buy PPY in 2017 as we will be double the 25,000 Goes to show that PPY should be trading near $15 mimimum.


Based on the deal I would say we are worth 2b $20 share Shell wanted to sell ...ppy does not ...therefore a premium will be needed ..so 22 -25 entirely possible a year from now with organic ic growth aND lng potential
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities