Pennant Energy Inc., is an emerging junior oil and gas exploration and Production company which trades on the TSX Venture Exchange under 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 Awaiting tie-in ( spring 2012)
- Jan. 2012 Completed Drilling the second Montney well at Bigstone, a long lateral with a 2400m Horizontal section awaiting fracing and testing
- Stable Cash Flow from Producing wells in Alberta and Manitoba
- Only 62,816,951 shares outstanding
- Experienced Team Management
- No debt
- Up to 26 more Horizontal drill locations available on the Bigstone, Montney formation, 7 section property
- Tie-in of well(s), paid for and to occur Spring 2012
