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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 InvestLargeCon Dec 21, 2017 1:09am
274 Views
Post# 27202303

RE:RE:TD UPDATE

RE:RE:TD UPDATE
roscoe74 wrote: Free cash flow in 2018. Fulfilled AltaGas commitments, Digested UGR acquisition with 19 of the top 20 wells, lowest F+D costs, massive reserves and lots of liquidity. Excellent end to 2017.

PONY has huge torque to higher gas prices and when those price hikes happen it will take off. In the meantime, there are no catalysts to threaten the company. Quit obsessing about daily movements in share price - it takes years to build a successful producer - and reflect instead how far the company has come.


Well said! 
Bullboard Posts