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Bullboard - Stock Discussion Forum 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 custom processor of natural gas, natural gas liquids, condensate, and sulphur from the Canadian Foothills and adjacent areas in Alberta and in northeast British Columbia (BC). It owns and operates three sour gas processing complexes at Waterton, Caroline and Jumping Pound. Its footprint... see more

Bullboard (TSX:PEA)

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Comment by noname99on Sep 19, 2023 6:54pm

RE:RE:RE:Pieridae Selling Goldboro Site

The amount of the transaction was not released.  Only that Scotia Bank has financed this acquisition
Comment by commonsense101on Sep 18, 2023 7:34am

RE:RE:RE:Pieridae Selling Goldboro Site

They paid $3 million for the property. Its not a hot commodity. And I doubt any of the bidders want it that bad.
Comment by noname99on Sep 18, 2023 6:27am

RE:RE:Pieridae Selling Goldboro Site

How much they paid for Goldboro?  I think that was 50$M.  I'm not sure.  Someone remember?
Comment by Dazzle01on Sep 17, 2023 5:10pm

RE:Pieridae Selling Goldboro Site

The sale could have a significant impact in further reducing debt, which would allow them to move forward with their drilling program. What portion of their production is liquids?
Post by commonsense101on Sep 15, 2023 4:32pm

Pieridae Selling Goldboro Site

Final nail in the coffin for the LNG dreams. Been hearing rumours for a few weeks that it was sold. Story in allNS a couple days ago (no urls, and they disable copying). Pieridae is quoted as saying ...more  
Post by Maxmoeon Aug 13, 2023 3:55am

Proceed with caution

I was reading the ceo board for pea about the kuppy maxim. Very funny, and true. Just the link provided, there are a couple overly colourful adjectives.  https://twitter.com/hkuppy/status ...more  
Comment by Maxmoeon Aug 13, 2023 3:04am

RE:RE:RE:strong Q2 in-spite of lower production....

So I assume PEL is the listed corporate entity and papl the wholly owned operating company with all the production,storage,transport etc assets.  If I find anything else about those 18.6 ...more  
Comment by noname99on Aug 10, 2023 2:46pm

RE:RE:strong Q2 in-spite of lower production....

here https://www.pieridaeenergy.com/news-release/pieridae-announces-successful-refinancing-lower-cost-debt-addition-commodity-hedges STRUCTURE OF THE FINANCING  USD $120 million, 45-month ...more  
Comment by Maxmoeon Aug 10, 2023 2:02pm

RE:strong Q2 in-spite of lower production....

I've been frozen in the headlights of an LNG plant for years. Somebody turned the truck off finally. So now I'm looking for an upside catalyst. The refi was crucial but REALLY one sided. 18 ...more  
Post by downwithdotcom1on Aug 10, 2023 12:09am

strong Q2 in-spite of lower production....

and it was their in the money hedges that really helped out. Kind of concerned about the prices being received on their hedges so far out ( ie their nat gas hedges are at less than stellar prices in ...more