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Bullboard - Stock Discussion Forum 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... see more

TSX:PEA - Post Discussion

Pieridae Energy Ltd > Article in the Halifax Examiner
View:
Post by msawyer5 on Mar 15, 2021 5:29pm

Article in the Halifax Examiner

https://www.halifaxexaminer.ca/environment/pieridae-wants-925-million-from-the-canadian-government-to-jumpstart-the-goldboro-lng-plant/

More not so good news leaking out from Pieridae...
 
The German government money is not confirmed and is on shaky ground. The ability to reach the FID is in jeopardy. The matter of the transfer of the Shell assets is before the AER (again) and facing fierce opposition from both landowners and other oil and gas companies. And finally, at the current schedule, Pieridae’s gas export licence, issued by the CER, and its US pipeline/export licences, issued by FERC, will expire before a single load of LNG is shipped.
 
So why is the stock going up? Can someone explain this to me…
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Pieridae Energy Ltd