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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 Sogosohubidu201on Oct 12, 2024 11:19pm
119 Views
Post# 36264289

RE:RE:RE:RE:RE:RE:RE:Very old Shell Canada News - SHELL FINALIZES TRANSACTION WIT

RE:RE:RE:RE:RE:RE:RE:Very old Shell Canada News - SHELL FINALIZES TRANSACTION WIT

Are you denying that the issue of transfer licenses from Shell to Pieridae is only related to Southern Alberta Foothills? You can go back to Pieridae's old slide. It is in their slide. 

in terms of Pierdae's acquisition of central Alberta Foothills from AIMCO:

“Pieridae Energy Limited (TSXV:PEA) entered into a definitive agreement to acquire Ikkuma Resources Corp. (TSXV:IKM) from Alberta Investment Management Corporation and others for approximately CAD 94.6 million on August 23, 2018. “


"In the first quarter this year, Ikkuma produced an average 19,292 boe/d of oil and natural gas from its properties in the central Alberta Foothills.

It estimates proved and probable reserves at 107 million boe."

 

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