Pennant Energy Inc PENFF

BBI.V Blackbird Energy

[MoneyMaker09]

Look at  BBI on TSXV

Same wells 25% each but way less shares out trading at a discount right now to PEN!

 

Look at see if this adds up and let me know please!

[bob--ten]

I own both . PEN does have some production already . By owning both you get 50% of this play.

[MoneyMaker09]

Bob-ten,   Thank you for the response. Yes I guess If I have some BBI and PEN i own 50% now!!!!!!   Thanks!

[pennymaker69]

Pen already has production and a big well not tied in at pembina. Thus they worth more than bbi.  also pen trades on other exchanges as well.

[richy41]

Both PEN and BBI are good companies as they are now almost identical since their jv wih DEI and only became aware of BBI through Pen's jv with them. What really grabbed my attention was what was stated in their presentation and haven't seen this kind of statement very often in my years of investing:  "Management is aligned with Shareholder’s interest as it does not draw salaries