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 > Why so cheap

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Comment by commonsense9on May 13, 2021 10:07am

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Post# 33190868

RE:RE:RE:Why so cheap

Quarter by quarter the gas fields loose money. Cash is VERY thin and Accounts Payable just went up another $14m.... 3 months ago Sorensen wa already saying "we are working with our suppliers."

Draw your own conclusions.

Frediboy wrote:
ok i understand the Nova scotia project is on the line . But apart from that , production wise , with the price of the oil and gas going up , they will be turning over their edging contract . Shouldn't this company worth much more ??

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