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.

TSX:PEA - Post by User

Pieridae Energy Ltd

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Post by Plus50on May 09, 2013 10:24am

251 Views

Post# 21356876

Just checked in

Haven't been keeping up with PEA lately until this morning. Why would Gaspe try to block PEA's drilling in the area.

My interest is with ORT and the gas that they could use for future SGA plants in the area.

They are not allowed to frac for this gas in Quebec so what is the problem. What do they fear or do they have other reasons. This drilling is good for employment,self sufficiency in energy,it helps another company in the area and helps to spin off benefits to other service industries.

I travelled the to this area last year and it looked like this would be good for the area. Is it fear or something else?

Why import so much energy when there may be lots right under your feet?

I don't own PEA but I do own ORT which will need the energy. Whats up?

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