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 commonsense9on Aug 24, 2018 11:05am

66 Views

Post# 28512012

RE:RE:RE:High Price

So now PEA is a gas producer with no cash and debts IKN coud not even make payments on from cash flow. Lots of demand for that in Alberta. Talk of an LNG plant years away is fine, meanwhile this pig has to fly as what it is.
"We're going to throw money at it and it will be different." We've heard that before.
This would not get a dime of financing in North America. I guess we will see if the Germans buy it.
This could have been announced last night, and PEA back on the market. Yes, I would have waited the weekend too.

Bullboard Posts

@ the Bell: TSX advances to start off Christmas trading week