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.

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Pieridae Energy Ltd

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Post by RaniQuebecon Apr 16, 2020 2:10pm

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Post# 30917704

why you don't speak about this good news?

including petroleum and natural gas revenue (a 4347% increase to $104.9 million, included in the total 2019 company revenue of $114.4 million), NOI (a loss of $0.5 million to income of $24.9 million), AFFO (a loss of $4.0 million in Q4 2018 to income of $14.4 million in Q4 2019) and production (a 241% increase from 17,509 boe/d in Q4 2018 to 42,137 boe/d in Q4 2019). In addition, Pieridae advanced its flagship Goldboro LNG Project and made adjustments to its business to deal with the impacts of COVID-19.

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