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 Sep 28, 2018 12:14pm

62 Views

Post# 28709974

RE:RE:RE:RE:RE:RE:RE:RE:Thin volume, slowly sliding SP

Yes. But the Mainline in Quebec and parts of Ontario is no longer underutilized and will require some compression additions to accomodate even one train for PEA. And the TQM and PNGTS are way out of the question as they are for PEA to get supply on.

TCPL is very underutilized North Bay and west- but the rest is an entirely different story. And TRP absolutely will not take on finncial risks of expansion of capacity to the East, so they can fill empty pipe to the West. Like everybody else, PEA has to cover those rrisks.