Painted Pony Pete Ltd PDPYF

Q4 2020 and Q1 2021 will be huge

[bigreturn11]

Futures for late 2020 to 2022 are $0.75 to $1 higher than the futures for 2020 to 2022 but quoted one year ago. Thank god Pony is entering an era with very few hedges (well done Pony team!). I heard that they have recently started negotiating some very desirable hedges for next winter. 

https://www.gasalberta.com/gas-market/market-prices

Looking forward to hearing about Q1 results which was reported on May 1 last year. I haven't heard if reporting will be delayed ths year due to covid related allowances. The results will be somewhat predictable with average winter pricing, I am more interested in hearing guidance, long term agreements/hedges in play. Hopefully a touch on the Tourmaline JV wells.  

With cost efficiencies in place, $2.25 nat gas will provide self funded drilling, and gas at $2.50+ profit margins start to go parabolic. Exciting times to be a Pony shareholder folks as 25% of associated gas has vanished from the market and may not return for several months to year(s).