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.

TSX:PEA - Post by User

Pieridae Energy Ltd

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Post by BigFanLNG2018on Jul 02, 2021 9:47am

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Post# 33481392

No more Goldboro.

Just as I've been saying for years, this project is dead. CB&I said "no". McDermott said "no". KBR said "No". And I'm sure Bectell just said "No".

Pieridae has no moeny, just weak loan guarantees. Their only option was to find a builder willing to take on the project at a fixed costs. It had to be 10 MMT/year for circa $10 billuion. No company in their right mind would accept those terms, especially in Canada under a Liberal government.

I give Sorensen "A" for effort.

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