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.

TSX:PEA - Post by User

Pieridae Energy Ltd > $$ Long Term Debt

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Comment by pppon May 24, 2022 1:03pm

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Post# 34704051

RE:RE:RE: $$ Long Term Debt

Like you say TEC owns 25 mil shares or so, so why would they kill kill the goose that lays the golden eggs. IMO PEA just needs to continue paying it off till term and refinance at that time, work out a deal on the 125 mil remaining and carry on. IMO TEC will have made 50 mil on their shares as I would think the share price should be well over 3 dollars. by then.

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