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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 Oldnaggeron Sep 16, 2020 8:52pm
133 Views
Post# 31572204

RE:RE:RE:RE:RE:Investor Help

RE:RE:RE:RE:RE:Investor HelpMy source of info  on US supply and demand is Celsiusenergy.net which shows a rising level of lng exports plus Mexican exports. European surplus inventories versus the five year average have been falling at an average rate of 3 bcf per day for the summer. Forward prices for both Japan and Europe  are much stronger than nymex or Aeco forward prices.
US production is continually falling though not in a staight line. The percentage of powerburn from nat gas Is currently 41% and coal is 23% Nat gad and coal seem to go up and down in unison as the amouht of wind solar nuclear and hydro vary.
 Rig counts are still way down in both the US and Canada
And winter is coming with forecasts for a colder than normal winter due to the La Nina effect\
 All in all a very facourable perspective for future profitability with Painted Pony if we the individual investors have the fortitude to keep her in the race.
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