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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

Post by Oldnaggeron Sep 04, 2020 9:00pm
312 Views
Post# 31514722

Reality Check

Reality CheckNov nat gas contract hit $3.002 today
Dec thru Mar even higher
Does anyone really believe that Painted Pony is not profitable at these levels? Or that it needs additional credit from the banks?
 Would it not be political suicide for the lending syndicate to cut their lines below existing debt?
 Enough everyone , lets get the word out and make sure we don't hang our selves with our own 
lack of action.
Have a happy week-end.
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