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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

Bullboard Posts
Comment by Oldnaggeron Aug 23, 2020 6:57am
149 Views
Post# 31442907

RE:RE:Natural gas price

RE:RE:Natural gas price Further to my earlier reply concerning future nat gas priced I would like to talk a little bit more about the effect of shale gas (and shale oil) decline rates on future supply and corporate cash flows.
There are many excellent articles on the internet but my point now is simply to note that those who drilled most during the last 2 years are those who will decline the fastest . Those who drilled the most are not in Western Canada.
Bullboard Posts

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