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

Bullboard Posts

Post by noname99on Nov 05, 2017 3:43pm

233 Views

Post# 26908827

value of Pieridae

Compared with the market Cap of Tellurian, Pieridae could value much higher in couple of weeks

Tell
Market cap: 2.3B
shares outstanding: 210M
SP: 11$
cash: 160M$ June 2017

PEA
shares: 50M
cash: 29M$

PEA has Environmental Assessment permit and they don't have to built pipelines

Wil be interesting to follow in the next weeks and months

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