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 operator with core assets concentrated in the foothills of the Rocky Mountains. Its business is focused on developing and producing conventional raw natural gas and processing it into sales products that include natural gas liquids and sulfur. The Company processes these commodities by using its ownership in gas processing facilities in southern and central Alberta. It owns and operates three sour gas processing complexes at Waterton, Caroline and Jumping Pound. Its upstream assets include 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 southern foothills, central foothills and northern foothills. Its southern foothills have three main fields: Waterton, Carbondale and Burmis.

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Pieridae Energy Ltd > Q1 Results

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Comment by commonsense101on May 15, 2023 9:17pm

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Post# 35449470

RE:RE:Q1 Results

Cup half full is cool. I heard a lot of hype here about multiple full cups.

I dont know why anyone would spend on drilling wells when the money you are using costs 15%.

Though it is consistent with Sorensen always way overpromising. In this case: we are going to repay and refinance the debt, AND we will launch a drilling program, starting with 3 wells.

And if he gets lucky he can deliver on both- which never happens. But he is addicted to big talk- as if this is flooging some junior, and believers cycle through owning the stock.

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Exploration company provides project portfolio update