q3 around the cornerany opinions
1-oil produciton up from EOR, maybe more injectors drilled or converted and good response from to pressure
2-NG produciton decline due to sale and natural declines with no new drilling in q3.
3-panny still performing good over expecations but no plans in near future
4-maybe planning new drills at east edson in q4 with higher NG prices
5-maybe planning new drills at duvernay JV
not much else, maybe with higher NG prices things will be much better in q4 and setting up for a much stronger 2017 with new drills and possible increase in produciton capacity.
I rarely watch this stock, less boring watching paint dry but there is opportunity if you are a NG bull and you have a long term investmetn horizon due to discount to NAV at over 60% and finally a much stronger balance sheet.
I half expected a merger to grow PMT into a midteir or sell it to POU and be done with it.
DYODD