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 > anti hedgers

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Comment by Maxmoeon Nov 11, 2022 10:27am

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Post# 35091295

RE:anti hedgers

Maybe, but I'd rather see them succeed at turning this thing around because I believe the upside is far better than most other producers because the assets are so undervalued. But we'll see.

garnot wrote: We are not all anti hedgers, hedging % will drop for Q4 and very low for Q1 2023. Freeport LNG will re-start, colder is coming in north america and eventually in europe and maintenance pipeline are done AECO price is higher. If the war stop in europe or a big market drop the gas will drop but not yet. All good for PEA for Q4 and Q1. Maybe a company will buy PEA.

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