Pieridae Energy closes acquisition of Shell's Foothills assets
The acquisition includes the the Jumping Pound, Caroline and Waterton gas plants, 29 000 boe/d of production, a partial ownership of the Shantz sulfur plant and 1700 km of pipelines.
The acquisition includes the the Jumping Pound, Caroline and Waterton gas plants, 29 000 boe/d of production, a partial ownership of the Shantz sulfur plant and 1700 km of pipelines.
Rystad Energy says it is anticipating around 30 to 50 exploration wells will be drilled per year towards 2023.
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