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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 JDavis17on Apr 19, 2018 8:02am
241 Views
Post# 27909405

LNG more important than ever

LNG more important than everEven though PONY can survive quite nicely without LNG, as their assets are second to none, the construction of an LNG plant on the BC coast, let alone the potential for PPL to build one in Oregon, would be a game-changer.

That is the reason to own this stock. The torque from a positive LNG decision would send the share price ballistic. Meanwhile, the downside is very limited.
Bullboard Posts