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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 TheGeneral1on Jan 22, 2017 12:43pm
109 Views
Post# 25738730

It appears Mr BIGGER cant read aswell......

It appears Mr BIGGER cant read aswell......Hedging Update In recent months, the Corporation has added additional financial hedges to provide further protection from commodity price volatility. Since November 2016, Painted Pony has hedged an additional 56.5 MMcf/d on contracts for 2017 and 2018. The Corporation has hedged a total of 65% of natural gas production during 2017 at an average price of $3.30/Mcf on AECO swaps go away basher, they will make even more as they pull more out of the ground.
Bullboard Posts