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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 Maxmoeon Jun 30, 2021 3:13am
170 Views
Post# 33471714

RE:RE:FID soon

RE:RE:FID soonWith gas prices on a tear and gas producer stocks up 3,4,6, even 10  times their lows last year, maybe the best idea at this time would be to walk from goldboro or put it way back on the back burner and just crank up the gas production out west. Maybe it's just too far down that road to make a big strategic move but  I'd give it a serious . Look if that monstrous  project was set aside. Though I'd love to see all that gas coming up through New England and the maritimes and bypass completely ontario and serve up a well deserved nothing burger to quebec, with affection, from alberta. 
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