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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 31, 2022 8:45am
160 Views
Post# 34562252

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

RE:RE:RE:RE:RE:RE:RE:Pieridae = Journey EnergyNobody should believe a word Sorensen says, without some kind of backup to it. Even when he is admitting to problems and obstacles, you have to be careful about smokescreens.

Tricky about Germany- and about Uniper. They never say anything publicly, so its hard to check Sorensen's claims against anything. For now that is kind of moot- he only occassionaly makes the vaguest of references to something happening there.

It is my personal opinion that for now at least, they would probably still back the project- if there is one: if there was an investor, and if the pipeline supply problems are shown the be resolvable.

It is only recently that Sorensen has been admitting how big an obstacle the pipeline issues are. But I always assumed the Germans knew, and that was one of the things they are waiting on.

daw2 wrote: CS9, thanks for that. 

Would you take any expression of German interest at this point a huge boost or do you think that Soenson's credability is too damaged at this point?


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