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 > LNG Canada

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Comment by Sogosohubidu201on Dec 13, 2024 7:42pm

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Post# 36362019

RE:LNG Canada

Western Canada Annual Natural Gas Production: 14.4 bcf/d in 2014. 18.2 bcf/d in 2024 (estimated). Annual production increase from 2014 to 2024 = (18.2 - 14.4)/10 = 0.38 bcf/d production growth. It will be hard to fill the gap of 2.5 bcf/d from the extra natural gas demand of LNG Canada and oil sand production increase in the next 3 years. Two more LNG facilities (Cedar LNG and Woodfiber LNG) in BC coming online 2027 and 2028 demanding extra natural gas of 0.7 bcf/d. Then we have Alberta Government wants to attract $100 billions of investment for data centres in Northern Alberta that could consume huge amounts of natural gas in the next 5 years.

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