pieridae energy news

In addition, the company announces that in accordance with its stock option plan, on July 3, 2019 it granted to its employees and directors the option to purchase 3,149,341 common shares of the Company, at an exercise price of $0.89 per share. This authorization supplements the Free Trade Export authorization which Pieridae received from the US Department of Energy in 2015 allowing the export of US sourced natural gas to Canada and other countries with which the United States has entered into a free trade agreement. Read more. Pieridae Energy Ltd, the company behind a proposed liquefied natural gas terminal on Canada's east coast, is looking to buy producing assets in western Canada or in the Marcellus shale play in the United States, its chief executive said on Monday. Natural gas physical hedging resulted in a realized natural gas price of $2.23/mcf, 15% higher than benchmark prices of $1.94/mcf for the quarter. As was the case back in late June when we announced the acquisition, Pieridae once again received high media interest as it closed the acquisition of all of Shell's Alberta Foothills assets, making Pieridae the largest Foothills producer in Canada and allowing it to acquire the majority of the gas needed to supply the first facility or train at the Goldboro LNG plant. Please call 1-855-859-2056 and enter pass code 6783529#. CALGARY, ALBERTA — October 31, 2018 — Pieridae Energy Limited (PEA-TSXV) welcomes the decision of the Nova Scotia Utility and Review Board to issue the permit to construct the Goldboro LNG Facility. A key advantage of the project is its location, which offers shorter shipping distances to Europe compared to projects in Qatar or the Gulf Coast.” Click here for full report. Sputnik International 15:11 November 25, 2019 Canada's Super-Chilled Fuel as Germany's Source of Energy Apart from Qatar, Germany regards Canada's super-chilled fuel as yet another source of energy. There are other reputable and experienced firms who have the expertise to provide these services, with some already indicating a willingness to replace KBR. Pieridae Energy Limited (PEA.V)'s stock was trading at C$0.27 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). If this is David and Goliath, at the very least David has some pretty big rocks in his sling. CALGARY, ALBERTA — October 29, 2018 — Pieridae Energy Limited (“Pieridae”) (TSXV: PEA) is pleased to announce that its proposed financing of upstream activities within the Goldboro LNG project has received a written confirmation of eligibility in principle for up to US $1.5 billion of untied loan guarantee by the German federal government under its UFK program (Bundesgarantien für ungebundene Finanzkredite). Read more. Read more. No pass code is required. Most relevant news about PIERIDAE ENERGY LIMITED: 10/01: PIERIDAE ENERGY: Engages epcc contractor bechtel: AQ. Andy has demonstrated an on-going interest in the Goldboro Project and how it has been advancing. Read more, HALIFAX, NS, August 17, 2015 – Pieridae Energy (Canada) Ltd. (Pieridae) is pleased to announce that it has been issued long-term licenses by the National Energy Board of Canada to import natural gas from the USA and to export liquefied natural gas (LNG) from Canada. But the former executive director of the International Energy Agency believes Canada has an opportunity to get more projects launched, providing LNG to the world and helping displace coal and other higher-emitting sources of greenhouse gases. Pieridae's CEO Alfred Sorensen was featured on Danielle Smith's QR77 live radio show this morning where he talked about the prospects for LNG development in Canada, with a focus on Pieridae's US$10 billion Goldboro LNG Project. They have a proven track record of delivering projects throughout the world on time and on budget. Calgary, Alberta: February 28, 2019 – Pieridae Energy Limited (“Pieridae”) (TSXV: PEA) is pleased to announce that it has closed its previously announced brokered private placement of common shares of the Company for gross proceeds of approximately $15.2 million (including the partial exercise of the over-allotment option) (the “Brokered Offering”) and partially closed its non-brokered private placement of common shares for additional gross proceeds of approximately $2.7 million (the “Non-Brokered Offering” and, together with the Brokered Offering, the “Offerings”) for aggregate gross proceeds of approximately $17.9 million. Petroleum and natural gas revenue increased $102.5 million year over year, or 4347%, to $104.9 million in 2019 Net Operating Income[1] (“NOI”) increased year over year from a loss of $0.5 million in 2018 to income of $24.9 million in 2019, $24.4 million of which was earned in Q4 2019 Adjusted Funds Flow From Operations1 (“AFFO”) increased from a loss of $4.0 million in Q4 2018 to income of $14.4 million in Q4 2019 Production increased 241% from 17,509 barrels of oil equivalent per day (“boe/d”) in Q4 2018 to 42,137 boe/d in Q4 2019 A dramatic year over year improvement in working capital, from a deficit of $76.0 million in 2018 to a surplus of $19.1 million in 2019 Proven Developed Producing (“PDP”) reserve bookings increased by 158% due to the Shell Foothills assets acquisition Total Proved plus Probable (“TPP”) bookings increased by 123%, while the corporation maintained a very conservative booking of 62% PDP reserves out of total proved plus probable reserves PDP value more than doubled to $593 million, versus $245 million Corporate 2020 forecasted decline in the PDP reserve category is approximately 9%, annually, which is remarkably low amongst our peer group of companies CALGARY, ALBERTA – April 16, 2020 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) released its 2019 financial and operating results today, highlighted by the fact the Company recorded strong year-over-year increases in multiple categories, including petroleum and natural gas revenue (a 4347% increase to $104.9 million, included in the total 2019 company revenue of $114.4 million), NOI (a loss of $0.5 million to income of $24.9 million), AFFO (a loss of $4.0 million in Q4 2018 to income of $14.4 million in Q4 2019) and production (a 241% increase from 17,509 boe/d in Q4 2018 to 42,137 boe/d in Q4 2019). The partners on the Bourque project are Pieridae (previously Pétrolia Inc.), Ressources Québec and Tugliq. Pieridae's unaudited condensed interim financial statements and MD&A are available on our website at www.pieridaeenergy.com and are filed on SEDAR at www.sedar.com. “We are guiding to an increase in NOI primarily due to higher anticipated gas prices in 2021, as well as continued optimization of our assets, higher third-party processing fees, increased overall volumes and other cost-saving initiatives,” said Pieridae CEO Alfred Sorensen. “We are very pleased to have someone with Andy’s vast, 30-plus years of experience join our team and lead the development of our Goldboro LNG Project,” said Pieridae CEO Alfred Sorensen. Brett Bundale Halifax-Chronicle Herald Oct 10 at 12:40 p.m. How energy policy affects you People are affected by the decisions surrounding energy in many ways, like billions in cost overruns at the Muskrat Falls hydroelectric project as well as attempts to harness tidal power in Nova Scotia or solar energy in Prince Edward Island. Danielle invited Alfred back to talk about Pieridae's Goldboro LNG Project and what the recent acquisition of all of Shell Canada's Alberta Foothills assets will mean to the project moving forward. Click here to watch the interview. In addition, the Agents have informed the Company that they intend to exercise their over-allotment option at closing for additional common shares at the Offering Price. Pieridae Energy Limited has negotiated extensions of the key deadlines HALIFAX, NS, December 17, 2015 – Pieridae Energy (Canada) Ltd. (Pieridae) continues to meet major milestones with their proposed Goldboro LNG processing facility, including the purchase of the project site and a new partnership and appointee to the board. Since the deal to acquire Shell Canada's assets was announced June 26, media interest in the acquisition has been high. “The next couple of weeks will be critical for the project,” Pieridae CEO Alfred Sorensen told the Financial Post, adding that he’s expecting a construction permit from Nova Scotia’s government and finalized agreements with contractors by the end of August. On top of the positive financial results, it was announced that a resolution had been reached with KBR. Our CEO spoke with BNN's Andy Bell about Pieridae's acquisition of Shell Canada's Foothills assets. Read more, Christian Schaudwet Der Tagesspiegel November 5, 2019. We have had discussions with several of them to gauge their interest.” Read more. (...)  The expected cost of the  Goldboro facility is US$10.8B, with gas expected to be delivered via existing pipelines already in place that are under-utilized. GUYSBOROUGH – With strong financial results, an eager customer and changing economic conditions, Pieridae Energy says now is the time for governments to get on board to help get its Goldboro LNG project built. Natural gas physical hedging resulted in a realized natural gas price of $2.23/mcf, 15% higher than benchmark prices of $1.94/mcf for the quarter. [1] NOI and AFFO are non-IFRS measures. Pieridae to spend $16MM on proposed Nova Scotia LNG project in 2020 Daily Oil Bulletin Deborah Jaremko Dec. 13, 2019 FID for Goldboro LNG in Nova Scotia Possible in 2020, Says Exec Natural Gas Intelligence Gordon Jaremko December 13, 2019 Pieridae announces 2020 budget for Goldboro Guysborough Journal Helen Murphy December 18, 2019 Read more. 09/29: PIERIDAE ENERGY: signs Bechtel as engineer and builder of Nova Scotia LNG expor.. AQ. The Harvard Kennedy School’s Belfer Center for Science and International Affairs Associate Leonardo Maugeri published a discussion paper in December 2014 as part of the Geopolitics of Energy Project, titled Falling Short: A Reality Check for Global LNG Exports. Subject to such due diligence completion, the closing of the Acquisition is expected to occur in the third quarter of 2019, pending satisfaction of customary closing conditions and receipt of regulatory approvals. Read more, Key Development: Transformational Change Following Close of Shell Alberta Foothills Assets Acquisition. CALGARY, ALBERTA – July 2, 2019 - Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) is pleased to announce that it has closed its previously announced (i) non-brokered private placement of common shares of the Company at a price of $0.86 per share for gross proceeds of $2.2 million (the “Common Share Offering”) and (ii) a non-brokered private placement of a secured convertible debenture of the Company (the “Convertible Debenture”) for aggregate gross proceeds of $10 million (the “Convertible Debenture Offering” and together with the Common Share Offering, the “Offering”). Read more. The Company is also pleased to announce that it has issued an additional 274,000 common shares at a price of $2.00 per share, for incremental gross proceeds of $548,000, pursuant to a second tranche of its previously announced non-brokered private placement of common shares (the “Non-Brokered Offering”). Mr. Mukherjee officially joins Pieridae August 27, 2020. All rights reserved. Pieridae is a reporting issuer or the equivalent in British Columbia, Alberta and Québec. All news about PIERIDAE ENERGY LIMITED: 10/01: PIERIDAE ENERGY: Engages epcc contractor bechtel: AQ. When the price of oil is strong, energy policy can power boom times. CALGARY, ALBERTA — August 15, 2018—Pieridae Energy Limited (PEA-TSXV) announced the appointment of KfW IPEX-Bank as an adviser in assisting it to finalize a multibillion USD untied loan guarantee from the German federal government under its UFK program (Garantien für ungebundene Finanzkredite). The name Pieridae Energy Ltd. may sound familiar to quite a few Nova Scotians, although they may not remember exactly where they’ve heard it before. “There are other reputable and experienced firms who have the expertise to provide these services, with some already indicating a willingness to replace KBR. Calgary, Alberta: February 20, 2019 – Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce that it has been advised by the syndicate of investment dealers co-led by KES 7 Capital Inc. and National Bank Financial Inc. and including Laurentian Bank Securities Inc. (collectively, the “Agents”) that the previously announced brokered private placement of up to 7,500,000 common shares at a price of $2.00 per share (the “Offering Price”) for gross proceeds of up to $15.0 million (the “Offering”) was met with strong investor interest and was fully subscribed. “The key here is that being a member of the TSX allows Pieridae to tell its story to a bigger investor audience, including the Canadian institutional investment community, which should improve liquidity in the stock.” This announcement recieved positive news coverage: Pieridae To Be Listed On TSX Daily Oil Bulletin Monday, June 1, 2020, 7:34 AM MDT Pieridae Moves Up to Bigger Exchange AllNovaScotia.com June 2, 2020 Geoff Bird Pieridae to be listed on Toronto Stock Exchange Offshore Energy June 2, 2020, by Mirza Duran Read more. And assuming FID is declared by the end of June 2021, a further $250-$300 million capital expenditure budget for Goldboro would be triggered." The program provides a 100% guarantee to the issuing bank of certain of the Company’s existing and future letters of credit (“LCs”). Closing of the Acquisition remains subject to satisfactory completion of due diligence by Pieridae on the Assets. Compared to Q1 2019, revenue, operating income and average production all increased by over 100 per cent. CALGARY, ALBERTA — March 15, 2018 — Pieridae Energy Limited (PEA-TSXV) is pleased to announce that it has filed its audited annual financial statements and related management’s discussion and analysis for the fiscal year ended December 31, 2017 on the System for Electronic Document Analysis and Retrieval (“SEDAR”). Read more. The Arrangement was approved by shareholders of Ikkuma (“Ikkuma Shareholder”) at a special meeting of Ikkuma Shareholders held on December 17, 2018 (the “Meeting”) and by the Court of Queen's Bench of Alberta. Read more. Pieridae Energy Limited ('Pieridae' or the 'Company') (PEA.TO) today released its corporate guidance for 2021 which focuses on continued improvement of key metrics including NOI, AFFO and production, an increased upstream capital budget and pre- and post-final investment decision ('FID') budget allocations for our Goldboro LNG Project as we continue our commitment of the initiative. This work is necessary to ensure we continue to operate safely and reliably for the winter season. Read more. “I have every confidence Andy will lead Goldboro LNG through the open book estimate and deliver a lump sum turnkey EPCC contract for the Project to prepare us for a positive final investment decision next year,” concluded Sorensen. — Pieridae Energy may be first big LNG exporter, Goldboro LNG developer Pieridae goes public, East Coast LNG moving faster than West Coast, Pieridae seeking natural gas acquisitions: CEO, Pieridae Energy ​merges with junior exploration company, Pieridae, Uniper Extend Key Deadlines in LNG Agreement, Pieridae and Uniper extend key Goldboro LNG deadlines, Pieridae Energy and Uniper extend Goldboro LNG deadlines, Pieridae Gets Extensions on Gas Deliveries, Goldboro LNG, Pieridae, Uniper extend deadlines on Goldboro LNG project, COVID-19 Delays FID on Pieridae’s LNG Project Beyond September, Nova Scotia LNG project decision delayed due to market conditions, COVID-19, Pieridae delays Nova Scotia LNG export plant decision due to coronavirus, Nova Scotia’s Goldboro LNG Delayed on Covid-19 Fallout, Government Infrastructure Funding Eyed by Pieridae For Goldboro LNG Project, Pieridae to delay Nova Scotia LNG export plant decision, Pieridae to spend $16MM on proposed Nova Scotia LNG project in 2020, FID for Goldboro LNG in Nova Scotia Possible in 2020, Says Exec, Pieridae announces 2020 budget for Goldboro. Pieridae Energy Limited engages in the acquisition, exploration, and development of petroleum and natural gas resources in Canada. Alle News. We have had discussions with several of them to gauge their interest.”, Company Excited About the Prospects Going Forward CALGARY, ALBERTA – June 1, 2020 - Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) is pleased to announce that its common shares have been approved for listing on the Toronto Stock Exchange (the "TSX") and are expected to commence trading on the TSX at the opening of the market on June 3, 2020. CALGARY, ALBERTA — February 12, 2019 — Pieridae Energy Limited (“Pieridae”) (TSXV: PEA) is pleased to announce that it has entered into an agreement with a syndicate of investment dealers co-led by KES 7 Capital Inc. (“KES 7”), National Bank Financial Inc. (“NBF”), and Laurentian Bank Securities Inc. with KES 7 and NBF acting as joint book runners, in connection with a commercially reasonable efforts agency private placement of up to 7,500,000 common shares at a price of $2.00 per share (the “Offering Price”) for gross proceeds of up to $15.0 million (the “Offering”). We are in the midst of discussions with other firms that have expressed strong interest in concluding a lump sum turnkey EPCC contract for the LNG Facility with Pieridae.” [1] NOI and AFFO are non-IFRS measures. Pieridae is continuing to take tangible steps to advance the Goldboro LNG Project despite more COVID-19 related hurdles. Read more. It does not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. CALGARY, ALBERTA – August 26, 2020 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) is pleased to announce it has engaged veteran LNG industry professional Andy Mukherjee P.Eng. Read more. “The next couple of weeks will be critical for the project,” Pieridae CEO Alfred Sorensen told the Financial Post, adding that he’s expecting a construction permit from Nova Scotia’s government and finalized agreements with contractors by the end of August. Read more. In addition, the Company has granted the agents an over-allotment option, exercisable for a period of 30 days from closing, to sell additional Common Shares representing 20% of the base Offering at the Offering Price. ; along with GNL Quebec’s Énergie Saguenay project — all plan to access gas from Western Canada. Chief Executive Officer Alfred Sorensen, Chief Financial Officer Rob Dargewitcz and other members of the Pieridae leadership team will discuss the financial results and Company developments at 8 a.m. (MST) / 10 a.m. (EST). The company continued to show solid results during the ongoing pandemic including increased revenue, increased net operating income and an increase in average production. Pieridae issued its Q1 2020 earnings on May 28, 2020 showing solid financial returns for a second straight quarter. That’s good news for struggling producers in Alberta and British Columbia, as increased demand for gas from Western Canada would lead to improved pricing. “With this notice from KBR, we are looking at all of our options, including discussing the matter with legal counsel to determine the most appropriate next steps,” said Pieridae CEO Alfred Sorensen. Pieridae Energy Aktie (4P31) Branche: : (WKN: A2H60E ISIN: CA7207861021 ) Kurs mit Realtime Chart Alle Entwicklungen, Kommentare und News auf BörsenNEWS.de live verfolgen. CALGARY, ALBERTA — June 28, 2018—Pieridae Energy Limited (PEA-TSXV) announces the reelection of Mr. Myron A. Tetreault, Mr. Alfred Sorensen, Mr. Charles Boulanger, Mr. Andrew Judson, Mr. Matthew Rees as its directors for the forthcoming year and the election of Mr. Kjell Pedersen as a new independent director. CALGARY, ALBERTA — June 7th, 2018—Pieridae Energy Limited (PEA-TSXV) is pleased that the proposed regulations, announced by Minister of Natural Resources, Pierre Moreau, will allow for the exploration and exploitation of hydrocarbons in a large portion of the province of Quebec, particularly in the Gaspésie region. Pieridae's trading symbol will remain "PEA". KBR will also conduct an open-book estimate necessary for entering into a lump sum turnkey engineering, procurement and construction (EPC) contract. This includes a subscription of $20 million from Erikson National Energy Inc., a portfolio company of Third Eye Capital Corporation, a subscription of $8.5 million from Electron Capital and subscriptions of approximately $350,000 from certain directors of the Company. Please call 1-855-859-2056 and enter pass code 3652577#. Read more. Shares are expected to start trading on the TSX at the opening of the market on June 3, 2020. “As former Alberta Premier and Calgary Mayor Ralph Klein said the Stampede symbolizes the province’s spirit,” Pieridae CEO Alfred Sorensen points out. Stable Share Price: PEA is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 13% a week. CALGARY, ALBERTA — December 5, 2018 — Pieridae Energy Limited (“Pieridae”) (PEA - TSXV) announces that, as a result of a review by the Alberta Securities Commission, it has refiled its annual information form for the year ended December 31, 2017 (the "AIF") along with the related chief executive officer and chief financial officer certificates. Any redistribution or reproduction of part or all of the contents in any form is prohibited other than the following: You may print or download information to a local hard disk for your personal and non-commercial use only. Pieridae's unaudited condensed interim financial statements and MD&A are available on our website at www.pieridaeenergy.com and are filed on SEDAR at www.sedar.com. Re-elected are: Myron Tétreault, Andrew Judson, Alfred Sorenson, Mark Horrox, Charles Boulanger, Kjell Pedersen and Charle Gamba. On top of the positive financial results, it was announced that a resolution had been reached with KBR. First quarter results recieved positive and factual media attention: “We are disappointed by the AER’s decision regarding the transfer of licences for the Foothills Assets. As our CEO Alfred Sorensen said: "We are excited to officially welcome Rob to our leadership team as our new CFO," said Pieridae CEO Alfred Sorensen. Pieridae's unaudited condensed interim financial statements and MD&A are available on our website at www.pieridaeenergy.com and are filed on SEDAR at www.sedar.com. Conducting a meaningful engagement with the Nova Scotia Mi’kmaq First Nations including their participation in the construction of a large-scale work camp at the LNG site. Mr. Horrox is a principal at Third Eye Capital ("TEC"). His responsibilities at TEC include advancing the firm's investment activities in the Canadian energy market. Alfred Sorensens told Bell the deal secures the remaining natural gas needed to supply the first facility or train for its Goldboro LNG export facility on Canada's East Coast. For a ray of hope on the liquified natural gas file, it might be best to look east rather than west. 08/13: PIERIDAE ENERGY: Solid results during ongoing pandemic and challenging market c.. AQ. The resulting article from that conversation is below: Pieridae Energy readies to seize opportunity in global LNG market Kallanish Energy June 12, 2020 Read more. CALGARY, ALBERTA - December 20, 2019 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) announced today that in accordance with its Directors’ Compensation Policy, 101,590 common shares of Pieridae Energy Limited were issued to certain of its Directors on December 20, 2019, at a price of $0.87 per share. [1] NOI and AFFO are non-IFRS measures. Pieridae Energy, based in Canada will buy gas assets from Royal Dutch Shell for 145 million, Pieridae said on Wednesday. [1] NOI is a non-IFRS measure. as Senior Vice-President LNG to lead the development of its multi-billion-dollar Goldboro LNG Project. On February 5, 2016, Pieridae received its Non-Free Trade Export authorization from the US Department of Energy. See pages 21&22 in the Company’s Q3 2020 MD&A. The German federal government has promised billions of dollars in loan guarantees, although liquefied natural gas is particularly controversial in terms of climate policy. DISSEMINATION IN UNITED STATES. PIERIDAE ENERGY-Aktie jetzt kaufen? Alfred had an interview with BNN”s Andy Bell for his Commodities Show. Pieridae's unaudited condensed interim financial statements and MD&A are available on our website at www.pieridaeenergy.com and are filed on SEDAR at www.sedar.com. “The key here is that being a member of the TSX allows Pieridae to tell its story to a bigger investor audience, including the Canadian institutional investment community, which should improve liquidity in the stock.” Read more. Read more. His contribution to modularization in Canada is well recognized, and, he has significant exposure to major module yards in Asia. Analysen und Kursziele: Anzeige Mehr » Login. Pieridae Energy Ltd. videos and latest news articles; GlobalNews.ca your source for the latest news on Pieridae Energy Ltd. . We have had the discussion with several of them to gauge their interest.” News coverage of the story is as follows: KBR to focus on government contracts, quit natural gas, energy business Reuters June 22, 2020 6:23 PM EDT KBR Exit from Energy Business to Benefit Other EPCs in U.S. LNG Build-Out Leticia Gonzales June 25, 2020 KBR to focus on government contracts, quit most energy business Jun. Volatility Over Time: PEA's weekly volatility (13%) has been stable over the past year. The company expects to start construction activities in 2019 and ship first gas overseas to meet the expected global LNG shortfall in 2023/2024. Nova Scotia, 05/05/2017: Pieridae Energy Limited (“Pieridae” or the “Company”) announced today the Goldboro LNG Project Special Needs Collective Agreement. The company recorded substantial, year-over-year increases in revenue, net operating income and other key financial metrics. Nachrichten auf FN. 's Horgan and Alberta's Kenney can agree on — LNG - Calgary Herald, Acquisition helps push Pieridae Energy toward FID on Goldboro LNG project  - S&P Global Platts, Shell deal gives Pieridae enough gas to start Goldboro LNG - Guysborough Journal. Pieridae Energy CEO Alfred Sorensen wants to build an LNG export facility in Nova Scotia that would cost more than US$7B. Subject to such due diligence completion, the closing of the Acquisition is expected to occur in the third quarter of 2019, pending satisfaction of customary closing conditions and receipt of regulatory approvals. DISSEMINATION IN UNITED STATES. A live webcast of the teleconference will be available via the following URL: https://produceredition.webcasts.com/starthere.jsp?ei=1397969&tp_key=1500f7a0f5 A replay of the teleconference will be available two hours after the conclusion of the call until midnight (EST) on November 20, 2020. CALGARY, ALBERTA – April 24, 2019 - Pieridae Energy Limited (“Pieridae” or the “Corporation”) (PEA - TSXV) released its 2018 financial and operating results today, highlighting the fact it took some key steps forward last year in advancing its Goldboro liquefied natural gas (“LNG”) Project. CALGARY, ALBERTA — May 23, 2018—Pieridae Energy Limited (PEA-TSXV) is pleased to announce that it has filed its first quarter unaudited condensed interim financial statements and related management’s discussion and analysis (“MD&A”) for the three months ended March 31, 2018. You may copy the content to individual third parties for their personal use, but only if you acknowledge the website as the source of the material. By Jim Bentein Daily Oil Bulletin Friday, May 17, 2019, 7:56 AM MDT Alberta natural gas producers should be hoping for a go-ahead for the Goldboro LNG export plant proposed for a site in Nova Scotia, says an executive with the company building it, since it would create a demand for their gas. “As a result of the Alberta Foothills asset acquisition, revenue was up more than 400% year over year on a Q2 basis, production climbed 185%, and we continued to operate our assets safely and reliably. "He did a stellar job in helping to secure the financing needed to close the transformational Shell asset acquisition. Read more. CALGARY, ALBERTA – December 12, 2019 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) released updated corporate guidance for 2020 today which focuses on increasing NOI due to, among other things, operating efficiencies; increasing production with the recent, previously disclosed acquisition of key Alberta Foothills assets; lower per barrel operating costs; a higher capital budget; and a development expense budget for Goldboro LNG as we move toward FID for the project. CALGARY, ALBERTA – October 25, 2017 – Pieridae Energy Limited ("Pieridae") is pleased to announce the completion of the business combination of Pieridae Energy Limited ("Former Pieridae") and Pétrolia Inc. ("Pétrolia") by way of plan of arrangement (the "Arrangement") to form the amalgamated company called "Pieridae Energy Limited".

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