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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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Post by Bever73on Jul 31, 2019 9:49pm
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Post# 29982116

Debt structure...

Debt structure...Not worried (yet) 138m drawn on 375m revolving facility due may 2020...(i anticipate that capacity being reduced but pony should be well within ) the rest is held by magnitar capital due in 2022....that gives at least a year breathing room and honestly by that time LNG will have the sector jumping...
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities