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