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 > Commsence9 ;

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Post by Rockit2on Aug 26, 2022 5:48am

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Post# 34921717

Commsence9 ;

Ya that's funny eh , All their gas is in Canada and they use the American numbers to make themselves feel good. And yes they're carrying a LOT OF DEBT ! Nice to see the 40 thous barrels equivalent but if Canadian gas sells at $2.00 or less, this company will be in big trouble. If you want to c a company in trouble take a look at TV graph !!

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