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 May 24, 2013 12:08am

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Post# 21435630

Next Step

As my source told me tonight it is good news, however this news was probably only printed in a couple of local newspapers. i know I could not even find it in english.There will be additional interest in Quebec when the "Quebec brass" (politicians) go to Calgary and lets the oil and gas sector there know that they are open for business.

If the drilling on Antocosti island goes well then you will see some staggering resource estimates come out which will enice many companies to bid on existing parcels owned by Petrolia, Junex and a couple of private companies.

This could be the start of something big. We will take all the positive news we can get !

I will post more when I know more.

Onwards and upwards,

Tbonepickens

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