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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.


TSX:PEA - Post by User

Pieridae Energy Ltd > annual general meeting & release Q1, May 11
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Comment by noname99on May 11, 2023 6:04am
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Post# 35442487

RE:RE:RE:RE:annual general meeting & release Q1, May 11

RE:RE:RE:RE:annual general meeting & release Q1, May 11
  • Equipped, tied-in and put on production our first foothills well (6-35) in April 2023 which is currently producing approximately 6 MMcf/d sales gas at a flowing wellhead pressure of 16 MPa. The well is highly restricted as production capability exceeds the Company’s working interest capacity at the gathering system tie-in point.
I'm not an expert with that but I think it's good.  I hope the second well will be too.
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