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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 Sep 12, 2019 1:58pm
188 Views
Post# 30120687

RE:National Bank

RE:National BankIn January 2018 these same people produced a glowing and impressive looking 86 page promotion of Goldboro LNG prospects. Uncrtically repeating whatever PEA fed them- stuff that would even embarass Alfred Sorenson now.

LNG projects are devilishly complicated in all their moving parts. I think there are a few people on this board more reliable in their judgements than this so-called financial whizes.

roscoe74 wrote:

National Bank Financial Inc. analysts are feeling hopeful about a spate of Canadian liquefied natural gas projects, after spending some time on the ground on the B.C. coast.

“We see four projects that will likely get over the goal line with a positive FID in the near term; LNG Canada Phase 2, Woodfibre LNG, Goldboro LNG and Kitimat LNG,” said National Bank analysts Greg Colman, Dan Payne and Travis Wood, noting that the long-term supply-demand global outlook for the fuel is supportive of the new projects.

financial post



Bullboard Posts