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 > Qi Financial Results

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Comment by Maxmoeon May 16, 2022 2:58pm

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Post# 34687050

RE:RE:RE:RE:RE:Qi Financial Results

Probably enrage someone but who cares. Remember when producers had to pay to dispose of sulphur? I'm more interested in $1 mcf than $400/tonne sulphur. So I'm new to pea, what's the deal with the long term price chart? Stock was negative pre 2018?

downwithdotcom1 wrote: what??? like that total m@ron "lightoil" ???

ON THAT NOTE..from their MD&A..i just read about a hugely DISMAL physical contract for their sulfer production..ALFRED, WHO WAS RESPONSIBLE FOR THIS???? what the hey???? see below..if i am reading this correctly, sulfer is now selling for just under $400 a tonne...anybody want to validate???? see below..how's that for some sober reading??? dwdc

.."Pieridae is obligated to sell the majority of its sulphur production for $6.10/ton under a fixed-price physical sales contract which expires on December 31, 2025. During the three months ended March 31, 2022, this contract represented 79% of total sulphur sales (86% for the three months ended march 2022"