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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Comment by commonsense9on Jan 09, 2019 9:08am

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Post# 29204885

RE:RE:RE:RE:RE:Puzzing

Worth noting that a languishing and trending down SP for as long as feasible is in the interests of Electron Capital and partner(s) for building up their de facto controlling share block. (Not to mention the bargains they get compared to where SP will go if even just some of PEA goals are met.)

I would imagine Alfed & company see Electron Capital as a double edged sword- not an ideal situation from their perspective. But its a symbiotic relationship- where would PEA without Electron Capital's "support"?

So barring any other sugar daddy's to go, Alfred probably does not see it as a bad thing that Electron Capital is given the ongoing opportunity to build their holdings on the cheap.

It will be interesting to see if there has been a signed granting of the guarantees by the Germans all along.

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