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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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Post by Primetime1on Apr 22, 2020 9:45am
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Post# 30938286

Painted Pony Hedges?

Painted Pony Hedges?Can someone please comment on Painted Pony’s existing hedges (Page 14 of the 2019 Annual Report)?

It looks like they have some “AECO Fixed Price Swap” hedges in the $1.50 to $1.60 range for the next 3 years? How to interpret this? I assume this is not a positive given that AECO prices are currently rising? Not sure what % of their overall volume these hedges make up. 

Thanks 

Long PONY.TO
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities