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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

Post by downwithdotcom1on Feb 01, 2024 12:56am
402 Views
Post# 35856382

PEA annouces 2023 production numbers..

PEA annouces 2023 production numbers..

YO MS, so whats this stuff about a busted up pipeline impacting on their ability to produce/dire financials?? dwdc


2023 EXIT PRODUCTION

Pieridae is also pleased to announce strong December 2023 production rates of approximately 37,500 boe/d, reflecting, among other factors, a recovery of production following the conclusion of the Waterton turnaround in October 2023. Average 2023 production was approximately 33,000 boe/d.

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