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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Comment by commonsense9on Oct 08, 2020 8:39pm

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Post# 31693680

RE:RE:Timing of LNG progress, insider buying and TSX listing...

Better get off that limb. In the first place, they have not actually granted those loan guarantees. They are opening gigantic new coal plants as they close old ones. No net loss yet. And they have been building up nat gas infrascture steadily- no need for any panic moves.

BigFanLNG2018 wrote: I'm going on a limb on this one. I'm guessing the German Government is stepping in with more than just loan guarantees. Perhaps the Germans are considering some real financing. The premature closure of coal-fired plants in Germany backfired, and now they desparately need more natural gas.

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