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Bullboard - Stock Discussion Forum Pennant Energy Inc PENFF

Energy Oil & Gas E&P

GREY:PENFF - Post Discussion

Pennant Energy Inc > Due for Operational Update?
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Post by Power1 on Jul 05, 2012 8:26am

Due for Operational Update?

Does anyone know why there has not been any operational update regarding production etc.  I find it hard to believe this is still on hiatus from spring break up.  Are the minority partners in the cold?  Have things gone sideways? 

What gives?

Comment by wintersun10 on Jul 05, 2012 8:31am
it does take some time to do the testing and we don't even know when they started testing, you can go back to old NR's to check for your self, but i seem to remember at least 3 weeks for testing historically, fwiw
Comment by Lion09 on Jul 05, 2012 11:57am
Blackbird's MD&A is on Sedar. In it they cite the road restrictions holding up the well completion. Nothing further than that. I'm not familiar with the area but just looking at ongoing as well as new road bans (google Alberta road restrictions) it could very well be that they haven't made any progress -  hence nothing to update us on.  
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