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Bullboard - Stock Discussion Forum Pennant Energy Inc PENFF

GREY:PENFF - Post Discussion

Pennant Energy Inc > #'s out
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Post by pennymaker69 on Nov 28, 2012 5:20pm

#'s out

on stockwatch.com sedar statements there but i dont subscribe. anyone see em?
Comment by wintersun10 on Nov 28, 2012 5:43pm
oil, bbls  704 gas, mcf 60,971 NGL,bbls 1,197 Condensate, bbls 757 BOE, bbls 12,835 note: oil,bbls includes 604 load oil from 15-32(well 2)
Comment by wintersun10 on Nov 28, 2012 5:51pm
it was the final job for Yingling and Power to producer these Q#'s, so that is it for them, they made the right move getting into Montney, only Pennant is too small to afford their pay and expenses, so hopefully their shares in Pennant will skyrocket and everybody will ever live happy after it...
Comment by pennymaker69 on Nov 28, 2012 9:39pm
thanks for the production #'s any word on the cash flow? I like thomas but every year he would always give himself $10,000 raises. It was like every good well drilled was a raise for him so the company would never make a profit.  What i do wonder is how much it will make now with all the wells tied in and costs coming down. I wonder how much the new guys are going to be paid? and where ...more  
Comment by wintersun10 on Nov 28, 2012 10:14pm
the financials may give an incomplete picture as the nat gas keep rising, but the cash on hand is straight forward and not bad: Liquidity and Capital Resources As at September 30, 2012, the Company had a working capital of $526,485. Cash $282,518
Comment by wintersun10 on Nov 28, 2012 10:23pm
DEI says they are working on well #4 to be drilled in the 1st half year, and where the money todrill is coming from? well of course if that does not come from the wells there is no point in this excercize and so perhaps if there is a temporary shortfall BBI or DEI might advance any difference not to delay the drilling, esp now BBI has pretty much has control over PEN so that should be no problem i ...more  
Comment by wintersun10 on Nov 29, 2012 8:14am
bids piling in this morning, already 3 times 200,000; one @ 7.5c and two @ 8c let them pay up, up the asks.......
Comment by Troyahorse on Nov 29, 2012 11:32am
And there we go :-) Last .09 28.57% up now we need volume Glta
Comment by LoserLoserLoser on Nov 29, 2012 11:44am
I can only imagine how this thing will move on good news. Sellers have been plagued with new buyers. first time it was when PEN hit 0.105 CAD. Now sellers are more cautious than before and asks are significantly smaller than before the first run. Now we need to wait on the second run to cick out those shorters who has been left. Let them sell @ 0.09 CAD. Here target is higher than 0.12 CAD if it ...more  
Comment by LoserLoserLoser on Nov 29, 2012 1:32pm
Lot of sedar filings in the last few days. hence the activity in SP. https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00005214
Comment by Lion09 on Nov 29, 2012 2:17pm
Alteration of Authorized Share Structure The Company proposes to alter its Notice of Articles to increase the Company’s authorized share structure from 100,000,000 common shares without par value to an unlimited number of common shares without par value, as permitted under the Business Corporations Act (British Columbia). Management believes that authorizing the Company to issue an unlimited ...more  
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