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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

Comment by commonsense9on Mar 23, 2022 6:06am
158 Views
Post# 34536725

RE: Canada needs to set a new course with energy.

RE: Canada needs to set a new course with energy."Five proposed LNG projects east of Ontario have been blocked by federal and Quebec governments. Had they gone ahead, Canada could be exporting natural gas to Europe right now, helping reduce its dependence on Russia."

That is utter nonsense. The one in Quebec was turned down by federal and provincial regulators. The other 4 had all of their approvals, but have never had commercial viability- neither did the one in Quebec. It was dead in the water already when Warren Buffet pulled out.
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