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 7:33pm

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Post# 34465015

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

Alfred first mentioned that (hoped for) billion dollar package in a March 2020 conference call. When it became public knowledge a year later, flack James Millar admitted the project was not likely to move forward without that. 3-5 months later they cancelled the project.

But they are back for another try of course.

commonsense9 wrote:
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.