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 > WORLD NEEDS NAT GAS -LEGAULT SABOTAGES QUEBEC NAT GAS OIL

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Comment by Dazzle01on Mar 08, 2022 3:01pm

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Post# 34496622

RE:RE:RE:RE:WORLD NEEDS NAT GAS -LEGAULT SABOTAGES QUEBEC NAT GAS OIL

The Reserve Report along with the financials should have an impact on the value. I would suspect that the reserve report will show a significant growth in the value of the PDP reserves and likely impact the asset retirement cost as some asset will have a longer reserve life. The reserve report will add a greater asset value providing the opportunity for financing options.

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