Shares of Painted Pony Energy Ltd (CVE:PPY) reached a new 52-week high on Thursday . The stock traded as high as C$3.29 and last traded at C$7.76, with a volume of 0 shares changing hands. The stock had previously closed at C$7.76.
About Painted Pony Energy (CVE:PPY)
Painted Pony Petroleum Ltd. is engaged in the exploration, development and production of petroleum and natural gas resources. The Company focuses on light oil in southeast Saskatchewan and central Alberta and natural gas in northeast British Columbia. During the year ended December 31, 2011, in Saskatchewan, it drilled 27 horizontal and two vertical wells targeting light oil in the Bakken and Mississippian formations in the Midale, Huntoon, Kisbey and Flat Lake areas.
Recommended Story: What kind of dividend yield to CEF’s pay?
Receive News & Ratings for Painted Pony Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Painted Pony Energy and related companies with MarketBeat.com's FREE daily email newsletter.