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 Jan 17, 2019 12:53pm

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Post# 29246442

RE:RE:Interesting Presentation Posted on PEA Website

I suppose there is a chance ExxonMobil might hold off on the decommissioning while PEA talks to them about acquiring and ekeing out more from the field. They have been preparing the decommissioning for more than a year. But I guess there is some chance this has legs if they have not started mobilizing resources yet. I would not know whether that was in motion, or not.