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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 bigreturn11on Oct 01, 2018 11:03am
120 Views
Post# 28721328

RE:RE:RE:RE:60,000 BOE/D at $482M Market Cap ($8,000 per flowing BOE/D)

RE:RE:RE:RE:60,000 BOE/D at $482M Market Cap ($8,000 per flowing BOE/D)
uograd wrote: Flowing boepd is nice don't get me wrong but the value in the Pony is the reserves in the ground for the next 50-100 years.  That is what buyers want.

on either measurment the pony is a raging hormonal buyer that a some stage will be bought out by shell as part of their long term strategy to be able to feed the plant.


The P&P 6.9 TCF in the ground is worth about $30B in production today and obviously more with higher LNG prices. Market cap indicates $0.72 per BOE/D as per the August 2018  investor presentation. DIRT CHEAP stock price when you consider that PONY is one of the lowest cost producers in all of the Montney. 

https://s2.q4cdn.com/513538771/files/doc_presentations/2018/08/02082018_Investor_Update-(2).pdf

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Dealroom for high-potential pre-IPO opportunities