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 > Feds seek to fast-track LNG project: Pieridae CEO

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Comment by commonsense9on Feb 26, 2022 7:27pm

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Post# 34465010

RE:RE:Feds seek to fast-track LNG project: Pieridae CEO

"Equity financing is still an issue" is thinly vieled code for 'we need the Feds to step up with lots of risk capital'.
Because there never has been and still will not be an offer of private equity- at least not as the ones to take the first and biggest risk. So what Alfred really means is that he hopes the Feds are going to fast track the billion or more in direct aid that Pieridae has been trying to get out of them for over 2 years now.

The kind of generous operating subsidies LNG Canada got just are not enough to get Goldboro going (or probably any other LNG wannabe in BC). They need cash on the barrel, up front

downwithdotcom1 wrote: ..interesting headline from the phone call with the CEO-yes this was meantioned but so was the fact that EQUITY financing is still an issue..dwdc

"Feds seek to fast-track LNG project amid Ukraine attack: Pieridae CEO"