They have been in production for some time. I would prefer to evaluate their most recent financial statements and NI statements of reserves but I don't see very many year 2013 documents on their investor relations page at this time. I searched SEC's EDGAR and I found no 10-Q or 10-K financial statements, so I went to SEDAR to find their recent information. Their interim financial statement for November 12, 2013 shows comprehensive net losses for much of 2013 and 2012. You know something . . . I'll stop right there.
I'm not going to invest in a company that shows such persistent losses. I only have so much time in the day to analyze market action, corporate results, and general business ideas. I won't waste one more second trying to understand how a company in production can keep losing money in a region primed for export with natural gas prices rising. They do have pictures of painted ponies on their website. I hope their shareholders like those ponies.
Full disclosure: No position in Painted Pony Petroleum at this time.