Pennant Energy Inc PENFF

Quiet here.....

[tinkvid]

now that the big companies are in control of completion and tie ins the 3 stooges (PEN, BBI and DEI) are now hostages. News will not flow until the big boys are ready.

[WorldlyTrader]

   You made me laugh with that comment.  How true it is that since the big boys have taken control it is all serious business.  This may be good for shareholders since the information on the drill results might not be leaked out before the official news release. 

[tinkvid]

Yeah...hard to say. Most majors alienate the younger partners. We'll soon see. What the trading patterns for any hints.

[wintersun10]

after the failed hole, perhaps some adult supervision is not all bad

[gninnam]

Glad I am out. I may get back in sub 5cents. I understand that even if its a good well no one wants the gas. You can't get the liquids if there is no market for the gas. Gas is dead and Alberta is landlocked with no new pipelines coming. GLTA    

[Focusakker]

You might be right and i hope you are wrong. One thing to consider:  On the PDAC interview on YouTube, Thomas Yingling stated that the company would be receiving $400K a month from the first two wells.  When I emailed him concerning the cash flow statement his response was this: "Cash flow is tough to put a number to.  It depends on flow rates of second well and prices of oil

[wintersun10]

Alberta has been landlocked forever, so how could that be a problem all the sudden?

[Focusakker]

Where would the cash flow come from that Tom Yingling dsiscussed? Thanks, Paul  

[bob-ten1]

Alberta is landlocked  Who knew Alberta was land locked. That's why I read  these boards. You don't learn this stuff in school.

[gninnam]

The reason you read these boards is because you keep asking yourself why? Why would I invest in a gas play being run by a guy named Yingling! And on its way to 100 million shares o/s      

[Focusakker]

I emailed Thomas Yingling about the tie-in to the pipeline for the first two wells.  His response is below: "Thanks for the email.  The pipeline is complete we just are not hooked into the main pipeline.  We are not authorized to cut into someone else's pipeline, they must organize a shut down and cut into it and then install the connector.  We have completed

[wintersun10]

thanks Focusakker, all the good stuff is about to happen soon, well hopefully soon