Pennant Energy Inc., is an emerging junior oil and gas exploration and Production company which trades on the TSX Venture Exchangeunder the symbol, PEN. As an emerging junior oil and gas company, Pennant offers:
- Aug. 2011 Drilled and tested a short 1200 m Horizontal well in the Montney formation which tested at 1011 BOE/day. Summer 2012 tied in and producing.
- Jan. 2012 Completed Drilling the second Montney well at Bigstone, a long lateral with a 2400m Horizontal Fraced, Summer 2012 tied in and producing.
- Apr. 2012 Completed Drilling the third Montney well at Bigstone, a pooled joint venture with Trilogy Energy and TAQA North, tied in and producing Nov. 2012
- Stable Cash Flow from Producing wells in Alberta.
- Only 68,259,451 shares outstanding
- New Experienced Management Team - Dec. 2012
- No debt !
- Up to 24 more Horizontal drill locations available on the Bigstone, Montney formation, 7 section property
