Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by downwithdotcom1on Jan 20, 2022 11:33pm
370 Views
Post# 34340950

condensate hedges ended at start 2022

condensate hedges ended at start 2022 in addition to reducing out of money NAT GAS hedging, a whole bunch of out of money condensate hedges came to an end jan 1st..rough calculation means an extra $2 mill a month (and higher on current spot pricing). Be interesting on many fronts..i still maintain that a LNG facilty at GOLDBORO is still possible..EUROPEAN prices aside, this is NOW A MATERIAL ISSUE OF SECURITY OF LNG SUPPLY..invasion of UKRAINE?? sanctions on NORDSTREAM, shutting down nuclear in GERMANY, an alternate safe supply of LNG (at reasonable prices) is now needed more than ever...dwdc
<< Previous
Bullboard Posts
Next >>