Pieridae Energy Ltd. Stock Analysis PEA.TO

Pieridae Energy Ltd. is an energy company. The company is headquartered in Calgary, Alberta and currently employs 262 full-time employees. The company went IPO on 2005-02-16. The firm 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). The company 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 firm also has a production facility in the Northern Foothills of Alberta and in Northern BC.