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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 commonsense101on Mar 23, 2023 6:19am
141 Views
Post# 35355548

RE:LNG

RE:LNGActually, that is just an accounting recification: negative $4.5 million spent on LNG Development. Catching up with an expense that was recognized more than a year earlier, and that they did not have to pay.

Goldboro costs since Q3 2021 have gone into General Administrative, which bumped up and remained flat until Q4 2022.... where it went back down.

And in the many pages you will only see the words Goldboro or LNG mentioned when they absoluteky have to, because of an acconting thing like that.

Kind of looks done to me.
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