Painted Pony Pete Ltd PDPYF

RE:RE:RE:pony numbers

[bigreturn11]

Look at net debt of $341mm which did not change year over year at the worst nat gas pricing periods in history.  The reported loss is a result of write downs of assets - yes every energy company is hammering on write downs this year. It does not change the cash or debt position. 

Look at where things are headed

• Associated gas in North America is experiencing significant drops.Will lead to nat gas shortages.
• Shipping changes will save them $18mm per year.
• Station 2 gas rates for the last half of 2020 are 200% higher than in previous years. AECO-C hasnt looked this good in years.  Dawn and
• Nymex futures looking great.  All futures look extremely rosy.
• The three lateral wells drilled on one pad are producing 10 to 12 mmcf/d. after 5 months of production.  Absolute huge stabilized flow rates.   
• Methanex long term contracts double next year and increase another 250% in 2023.

These guys are sitting on world class assets as the demand for nat gas improves each week. Positioned for absolute success.

It's blue skies ahead folks!

Oilguy2020 wrote:
i guess the real question that everyone will be asking is what the real value of Pony share price? Thought on the 1.71pershare loss.
even if we get $3 cad gas whats the value?  Gas is strengthing and changes daily.