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

Bullboard Posts

Comment by SmellsFishyon Oct 04, 2017 2:01pm

160 Views

Post# 26776392

RE:RE:RE:RE:RE:is this a buy...

LOL there are no guarantees in life. The merger is not final but is likely to happen. The problem is , you don't receive 48 cents. You receive shares in the new company that value your present PEA shares at 48 cents. You still have to hope that you can sell the new shares on the market at that price. You can be sure that the stock price of the new company will drop in the first weeks of trading. Thus the reason why I took profits at 43 cents

Bullboard Posts

Investors eye Australian gold mining projects amid promising developments