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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 ceremonyon Mar 07, 2018 10:23pm
119 Views
Post# 27680357

RE:RE:WoW

RE:RE:WoWi am glad you are personally ok with this...

Bever73 wrote:
ceremony wrote:

did you see the debt pony piled on in q4?
$487m of "financial lease obligations"?
ruh roh...
wOw



I personally dont believe thats a huge issue ; it definately forces pony to produce for nothing during downturns but the obligation will lessen , and other operators will die b4 them which will bring price back up. ; Im curious as to what there yearly interest payments are besides the lease


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