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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 > Marcellus drilling news

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Post by noname99on Mar 29, 2023 4:44pm

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Post# 35367804

Marcellus drilling news

https://marcellusdrilling.com/2023/03/pieridaes-goldboro-lng-cancels-plan-to-use-western-canada-natgas/

somebody has acces to this article and could post it here?

March 29, 2023 CNG/LNG, Exporting, Industrywide Issues, Pipelines

For over 10 years, MDN has tracked a Canadian LNG export project in Nova Scotia planned by Pieridae Energy. The project is called Goldboro LNG. In May 2021, the company said a final investment decision (FID) would happen no later than June 30, 2021. It never happened. One year ago, we told you of Pieridae’s plan to resuscitate the project and move it forward (see Pieridae Outlines Plan to Resuscitate Nova Scotia Goldboro LNG). Again, nothing has happened in the past year. No pulse. Now comes word that Pieridae is revising the project from a 10 MTPA (million tonnes per annum) facility down to three MTPA. The company is also changing the source of the molecules it will liquefy and export–now coming from a source you would never guess.