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 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 covers over a million gross acres (807,000 net acres) in the Foothills and makes up 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 the southern foothills, central foothills and northern foothills. Its southern foothills have three main fields: Waterton, Carbondale, and Burmis. The Company also has a production facility in the Northern Foothills of Alberta and in Northern BC.

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Pieridae Energy Ltd

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Post by Tbonepickenson Jun 30, 2010 2:19pm

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Post# 17235330

Production in June

Petrolia followers:

I e-mailed Isabelle Proulx a couple of days ago and asked her if there would be an announcement soon regarding production in June as this was their plan as outlined in one of their recent news releases. I received this response this morning:

"I could tell you that we still thinking we will start the production in a few days. Petrolia has a strategy as the last agreement, you saw, with Junex. We aquired 150km2 around the discovery. The rest of our strategy will come step by step."

Hope you will enjoy the next
Regard
Isabelle

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That was her e-mail response as I received it. I will look forward to future news releases regarding their drill programs and production efforts. They gave up quite a bit of property to attain their new extension is the Gaspe. I hope this translates to numbers equal to or greater than those announced by Junex. If they do, the stock will never be 60 cents again. JMHO.

Tbonepickens.

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