Pieridae Energy Ltd T.PEA

Alternate Symbol(s): PTOAF

Energy Oil & Gas Integrated

Pieridae Energy Limited is a Canadian energy company. The Company is an upstream producer and midstream operator with core assets concentrated in the foothills of the Rocky Mountains. Its business is focused on developing and producing conventional raw natural gas and processing it into sales products that include natural gas liquids and sulfur. The Company processes these commodities by using its ownership in gas processing facilities in southern and central Alberta. It owns and operates three sour gas processing complexes at Waterton, Caroline and Jumping Pound. Its upstream assets include conventional gas reservoirs in North America. Across Alberta and British Columbia, its footprint stretches over one million gross acres of land, with ownership of three deep cut gas plants and more than 3,800 kilometers of pipelines. Its foothills include southern foothills, central foothills and northern foothills. Its southern foothills have three main fields: Waterton, Carbondale and Burmis.

TSX:PEA - Post by User

Pieridae Energy Ltd

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Comment by Goldman9on Feb 18, 2011 4:15pm

285 Views

Post# 18161012

RE: PEA is a $6.00 valuation

I really like your sentiments here, my friend.

"The island is spewing with oil. It is a fact that Quebec is direlyseeking alternatives to importing from Alberta. Now... they have aresource that is seemingly massive on a huge secluded island with only250 inhabitants. The island needs employment. Quebec needs revenue andoil and gas. What a perfect combination. I 100% anticipate an orderfrom the Quebec gov't to continue drilling through 'best practice". Itis no longer acceptable to completely deny any exploration or drilling.We all love the environment, but if we do it with best practices... wecan have the best of both worlds. That news alone, will send this stockto 4 dollars."

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