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 > Pieridae = Journey Energy

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Comment by commonsense9on Mar 30, 2022 11:57am

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Post# 34559292

RE:RE:RE:RE:RE:Pieridae = Journey Energy

That was the deal until the project was cancelled last year.

But Germany was obviously not willing to put in the big loans without seeing someone put skin in the game first. That would be the investor that never happened, and Sorensen same as before said he is confident about.

Had the feds stepped forward with the billion dollars last year, I thing it is likely Germany would have kicked in the loan guarantees. I'm guessing that was the basic idea. (100% taxpayer funded, from both sides of the Atlantic.)