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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

Comment by Bossladyon Jun 21, 2021 7:50pm
184 Views
Post# 33425019

RE:RE:RE:RE:RE:RE:RE:RE:RE:End of Day there is only 8 Trading Days Left.........

RE:RE:RE:RE:RE:RE:RE:RE:RE:End of Day there is only 8 Trading Days Left............IMO, Ofirme, this share price is being held in check, actually for the past couple of weeks.  Why you might ask?  To keep the price down for any potential purchaser.  Other reasons I have seen this type of trading is lining things up for a PP,  which surely they wouldnt do at this lame duck price.  And of course, there" IS" a private co in this neck of the woods who loves to keep things hush hush, both before and after any type of acquisition. They just happen to be a vertically integrated company that have the ability to fulfill many aspects of this play,...many, many aspects.  And with multiple subsiduaries and lots and lots of cash in their sandbox..., With NS and Canadian elections being whispered in the wind, this could be a Coup.  My only hope is they don't buy outright and take private, hence my concern for this controlled trading share price
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