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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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 WHUbubbleson Oct 23, 2018 11:48am
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Post# 28856530

RE:RE:RE:RE:RE:Negative Aeco price again

RE:RE:RE:RE:RE:Negative Aeco price againWe arent really exposed to much spot pricing anyway - Stn 2 spot is from ENB but Aeco spot is maintenance by TRP - total impact is expected to be apprx $1MM of cashflow this quarter.  Not a big deal on $160-170MM.  Hopefully we get a good update on the new Townsend wells - if production can shift from 9% to 11% liquids we are golden.  If not 2019 cashflow might be down to 120MM - capex maintenance levels and we are stuck under $3 for a while.  Should still be a 300MM market cap in worst case scenarios so not sure why share price is so low....its a pretty high risk short. 
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