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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 TechnicallyHighon Dec 31, 2018 10:49am
74 Views
Post# 29171722

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Deal is now Done - way to go Alfred!!! PEA top pick for 2019

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Deal is now Done - way to go Alfred!!! PEA top pick for 2019
teevee wrote: Canadian energy sector is now considered un investible until after the fall 2019 election. If another Trudeau majority, PEA is a dead duck. 

Canada energy has been uninvestable for awhile... 

But PEA isnt just Canadian Energy... Its infrastructure + one of the few plays who can say they are doing something that favours international energy exports for Canada. Trudeau wont publically support it but the new 1.6B loan fund PEA is trying to tap is a step in the right direction.. Unlocking trapped Canadian gas and employing 2000k east coasters should be a no-brainer for even a mildly intelligent PM. 

The other thing is equity markets always look 1 year into the future. WTI prices are wiped out, differentials are finally coming down, Canada preps for traincar sales... Canadian energy may be the contrarian play of 2019 and alot of hedge funds are prepped for it. 
Bullboard Posts