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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 pppon Jul 31, 2022 10:14am
231 Views
Post# 34863009

RE:RE:RE:RE:Scam Trades

RE:RE:RE:RE:Scam TradesAgreed, focus on what you have, all the LNG BS does is cost money. 1.94 for G&A needs to be addressed, that should be no higher than .94 . Keep paying off debt and drill a few more wells once debt is manageable. 


General and administrative (“G&A”) expense increased by 19% during the three months ended March 31, 2022 as compared to the same period in 2021 as reallocation of G&A costs to the LNG segment development expense was no longer possible following the suspension of our LNG project.


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