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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Comment by theKid5on Mar 04, 2011 9:37am

312 Views

Post# 18231083

RE: RE: RE: News release 2 MAR 11

Good news usually comes out Tuesday or Thursday, not sure why but that is the case. The way this is trading I would say they are getting ready for a nr on Tuesday. I think a lot of this is also speculation that this company might be bought out. With such low amount of O/S and such potential for a large oil find you know big companies are watching. I have nothing to base those comments on, just a guess, do your own DD.

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