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 earlybird_787on Feb 02, 2012 1:55pm

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Post# 19480979

RE: I don't recall this statement being present on

When the company announced the receIpt of a drilling license for the Haldiman No. 3 well on Dec. 13, 2011, it was clearly stated in the Press Release that fracking (stimulation) is not required.

Therefore any prior comments about ground water contamination, etc. are moot. Haldiman will be developed as a conventional oil project due to natural fractures in the reservoir.

https://www.petroliagaz.com/en/investisseur/communique_detail.php?nou_id=435

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