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 STOCKMAN70on Oct 16, 2017 3:39pm

235 Views

Post# 26818292

RE:RE:Jugement

To me it seems odd to halt PEA until after the amalco is formed and dividend is paid out?

I can definitely understand halting before this news is released to the public and then letting investors digest the contents for a reasonable amount of time (1 day or so). After that period, shouldn't investors and potential investors have the freedom to make a choice to buy/sell based on all of the public information available?

It will be Interesting to see the opening price of the amalco trading under the same symbol "PEA" (feels almost certain that the deal will go through in my opinion).

GLTA

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