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 noname99on Nov 05, 2017 3:43pm

235 Views

Post# 26908827

value of Pieridae

Compared with the market Cap of Tellurian, Pieridae could value much higher in couple of weeks

Tell
Market cap: 2.3B
shares outstanding: 210M
SP: 11$
cash: 160M$ June 2017

PEA
shares: 50M
cash: 29M$

PEA has Environmental Assessment permit and they don't have to built pipelines

Wil be interesting to follow in the next weeks and months

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