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.

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Pieridae Energy Ltd > anti hedgers

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Post by garnoton Nov 10, 2022 7:11pm

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Post# 35090105

anti hedgers

We are not all anti hedgers, hedging % will drop for Q4 and very low for Q1 2023. Freeport LNG will re-start, colder is coming in north america and eventually in europe and maintenance pipeline are done AECO price is higher. If the war stop in europe or a big market drop the gas will drop but not yet. All good for PEA for Q4 and Q1. Maybe a company will buy PEA.

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