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Bullboard - Stock Discussion Forum Pennant Energy Inc PENFF

GREY:PENFF - Post Discussion

Pennant Energy Inc > what the news means..
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Post by pennymaker69 on Oct 19, 2011 7:01pm

what the news means..

They are going to be drilling this place with so many holes it's going to be swiss cheese!Company now has even more production and should put them deeper in the black. As each well is drilled the balance sheet will get stronger and stronger! Lets see what type of action we get on the share price now. But I am really looking forward to the next year or so as they get more wells like this online. 

They have proven the lands now with this well. Time for a bunch of step out wells! This stock could be 3-5$ in 2 years easy.
Comment by stateside on Oct 19, 2011 7:48pm
They have 7 sections and can drill 4 wells per section for a total of 28 holes here,stateside
Comment by stateside on Oct 19, 2011 7:50pm
https://www.statesidereport.com/2011-06-Under-The-Rocks-Statesidereport.pdf Did a write-up on this play in June above. I do a nightly webcast at https://www.statesidereport.com if anyone is interested in 5-6 news bits every day from the sector. stateside
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