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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 gasoholicon Jan 10, 2019 3:00pm
77 Views
Post# 29214236

RE:How many times have big money pulled this ?

RE:How many times have big money pulled this ?I wouldn't count on LNG just yet , there are too many negatives showing up . 

One is that although there was ostensibly native approvals in place for the Coastal Link pipeline approval has been put into question because of the hereditary chiefs this week . The native question is very complex because there is something like 19 different native juristictions the pipeline must pass through . Each band has varying factions with conflicting interests and power . 

The other is that there is a judgement coming by March 31st on the pipeline approval . This is separate from the native issue . Environmentalists have challenged the present approval which was made by the BC provincial government . They want a full federal approval procedure . With Bill C 69 this will probably be at least 2 year process. I think this is what will happen . The liberals say they want LNG put have passively put in place the laws to slowly kill the energy industry . Even if they are voted out the laws will remain .
Bullboard Posts