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Pieridae Energy Ltd T.PEA

Alternate Symbol(s):  PTOAF

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

Bullboard Posts
Comment by commonsense9on Sep 01, 2018 7:45pm
51 Views
Post# 28553497

RE:RE:On SEDI:

RE:RE:On SEDI:An insider supporting the price would not be a surprise. An SP drop with the deal announcement was predictable. So tap the willing insider with deep pockets to support it 1.) They share an interst in the SP not dropping too much (among other things, a big drop wont help with IKM shareholders)  2.) They get to increase their holding at a low cost. 3.) They can expect to cash in on the favour later.
Bullboard Posts