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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
Comment by TripleR44on Dec 07, 2017 10:19am
92 Views
Post# 27108523

RE:RE:RE:RE:RE:RE:Forbes: Natural Gas Prices Have Finally Started To Rise

RE:RE:RE:RE:RE:RE:Forbes: Natural Gas Prices Have Finally Started To RiseFeels more like a hold although $2.50 to the downside seems overdone.  The end of tax loss selling and the arrival of cold weather out east will dictate for dry gas. Unfortunately, market consensus is that there is a glut that with US drilling (ie. as a by product of permian oil and directly from the shale gas plays). Historically, seasonality creates demand up to May almost every year. Come on polar vortex freeze those eastern US bums and creeps.  Right now that appears to be the CSF.
Bullboard Posts