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 > Pieridae Energy Limited Pending Delisting

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Comment by msawyer5on Nov 11, 2024 1:07am

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Post# 36306100

RE:RE:RE:RE:RE:RE: Pieridae Energy Limited Pending Delisting

So DWDC... I'm not the sharpest pencil in the box so please explain to me why AIMCo would invest in a company with a market capitaizatiobn of less than $70 million that in its entire existence has never posted a profit and reports a $495 million environmental liability (exluding the estimated $2 Billion environmental liability from the Shell Foothills Assets).

There was a reason the AIMCo board got sacked - could it be thier questionable judgement on the Pieridae investment is just a reflection of how well they managed the other $160 Billion of pensioners retirement funds?

Just saying!

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