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Painted Pony Pete Ltd PDPYF

"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

Comment by yycblackgoldon Jul 30, 2020 11:46am
103 Views
Post# 31344021

RE:The Tourmaline effect......

RE:The Tourmaline effect......
mrmomo wrote: Great Q2 numbers from Tourmaline. They are about the only company i'm aware of that has actually INCREASED production in this dreadful period instead of decreased as many others have done. I would be curious to know where some of their most profitable wells are located, hopefully a few are near some of PPony lands.

Hopefully, having Tourmaline in close proximity and as a valued & interested parnter for PPony, some of this euphoria & exctiment will rub off onto PPony's stock price. Maybe some further future co-operation with either them or their private offshoot Topaz would be something to look forward to.

Looking at PPony's stock price, i'm still having a hard time understanding why PPony is still being valued so extremely low when compared to other ep's, especially considering that natural gas is king in Canada now not oil. Therefore PPony should be commanding a premium if not at least comparable fair value to other ep's.

As for ng's pricing, we were fairly close to breaking $2 at HH several times this month. Seems just like it's a pressure cooker wating to explode and probably a matter of time. I was actually pretty sure July would be the month it would finally do it. Maybe August will be amiable to that goal. Imo, it doesn't matter if it's now, August or September, i figure it will break through at somepoint this year nd the longer this drags out the harder the explosion when it does.

As Q2 season is upon us, i will be posting my expectations for PPony sometime in the next few days.

Good luck to all

great post, totally agree, This baby horse is rip for takeout!

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