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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 marketdivaon Feb 03, 2017 11:59am
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Post# 25795483

RE:Debt Not a Problem, based on CF

RE:Debt Not a Problem, based on CFHoneypot I wonder what ppy balance sheet would look like if they altered strategy and followed the following formula ... 68 , 75 , 85 boed for 17 18 @ 2019 .... I always felt of market conditions warranted they could change strategy to be more conservative . (Just in case the final leg of growth did not project huge profits in a market lag ) I'm guessing ppy debt levels would be more than reasonable but I cannot do that DD for a while
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities