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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 JDavis17on Apr 30, 2018 2:02pm
139 Views
Post# 27959798

RE:RE:RE:GeoScout's Top Decile diagram one year later

RE:RE:RE:GeoScout's Top Decile diagram one year later
roscoe74 wrote: I remember Progress drilling just north of Beg 15 years ago and bringing in boomer wells. Is it a good idea to sell higher liquids cut lands when Pony only has ~9% liquids?  If Pony has free cash flow at these gas prices, debt isn't a big deal.


I agree, Beg/Jedney could be worth a lot down the road, and we shouldn't sell them.

I was just wondering how badly Black Swan may want them. If they paid a BIG premium, and we got a positive FID from LNG Canada, PONY still has lots reserves to exploit.

Bullboard Posts