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Pieridae Energy Ltd T.PEA

Alternate Symbol(s):  PTOAF

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

Comment by commonsense9on Mar 08, 2022 3:48pm
146 Views
Post# 34496816

RE:RE:RE:RE:RE:WORLD NEEDS NAT GAS -LEGAULT SABOTAGES QUEBEC NAT GAS OIL

RE:RE:RE:RE:RE:WORLD NEEDS NAT GAS -LEGAULT SABOTAGES QUEBEC NAT GAS OILThat formulaic response has no real relevance to the Pieridae Alberta assets. With all the ownership and debt issues, there is not going to be any alternative financing.

Read the financial statements.

Dazzle01 wrote: The Reserve Report along with the financials should have an impact on the value. I would suspect that the reserve report will show a significant growth in the value of the PDP reserves and likely impact the asset retirement cost as some asset will have a longer reserve life. The reserve report will add a greater asset value providing the opportunity for financing options. 
 


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