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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 Jan 24, 2019 4:57pm
89 Views
Post# 29278092

RE:RE:RE:RE:what will be the lowest price??????

RE:RE:RE:RE:what will be the lowest price??????One of the many pretty pictures Alfred paints. PEA tries to turn what for them is a necessity, into a superior virtue. An alleged advantage over US competitors.

The "tolling approach" producers like Cheniere are hands down the industry leaders. In the southeast US they dont have to worry about supply or inadequate supply. PEA does not have any choice but to pursue the integrated model: owning a lot of the supply, and probably needing to own a piece of the action in one or more pipelines, for this to ever fly.

TechnicallyHigh wrote:
Companies like Tellurian and NextDecade are realizing their tolling approach is hurting them and they cant get gas down to their regions at competitive prices.
Alfred's got his solution. Canada should appreciate.  


Bullboard Posts