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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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Comment by Sadie222on May 18, 2020 4:24am
211 Views
Post# 31041272

RE:Presidents Report

RE:Presidents ReportWhat I like better than the graphs is his communication. Mind-blowing in comparison to this CEO and ALA (and others).

Whampoa wrote:
That’s why I like this next pair of graphs even more. In these graphs, rig count is adjusted for productivity and then compared to the base declines so we can see if the activity is enough to grow production or not. Clearly, the current levels of drilling activity in both gas and oil, adjusted for improved rig productivity is nowhere close to offsetting the now steeper declines in the various oil and gas basins in the US. The bottom line is that at current levels of activity, the US oil and gas supply is shrinking, and rapidly. Shrinking supply is ultimately supportive of price, even before we start talking of shutting in existing production. Figure 6 
Lifted from rom Peyto's May President's report
https://www.peyto.com/PMReport.aspx

 


Bullboard Posts
Dealroom for high-potential pre-IPO opportunities