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 > FID soon

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Comment by commonsense9on Jul 01, 2021 8:44am

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Post# 33478682

RE:RE:RE:RE:FID soon

That was the point when they first flew this hope 8 years ago. Then 4-5 years ago they got their US export permit. But it had a big catch they never mention. They have to get the gas through on existing pipeline capacity. The US will not permit any pipeline expansion they would need to get the gas to Canada.

From then, they had to look to Alberta.

ofirme wrote:
I do not understand why the point about Goldboro is not to connect NE producers to lng through
the maritime & northeast pipeline. transport would be about the same as to the gulf and there
will be distance advantage to Europe (if it happens). they should try and just sell it.

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