The 2025 production guidance of 23,000 to 25,000 boe/d assumes that approximately 9,400 boe/d of previously announced voluntary production shut-ins in Central AB, Northern AB, and Northeast BC persist ...

Pieridae Energy Limited (TSXV:PEA), a CADCA$212.98M small-cap, operates in the oil and gas industry which has seen an extended oil price slump since 2014. However, energy-sector analysts are ...

Maximize processing facility reliability to meet production targets; Reduce operating and G&A expenses to improve corporate netback; and Reduce long term debt to further de-risk the balance sheet.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN UNITED STATES CALGARY, Alberta, July 25, 2024 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae” or the “Company”) ...

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN UNITED STATES CALGARY, Alberta, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae” or the “Company”) ...

(1) Total production excludes sulphur. (2) Refer to the “non-GAAP measures” section of the Company’s MD&A. (3) Adjusted working capital is a non-GAAP measure and is calculated as accounts payable and ...

Good day, ladies and gentlemen, and welcome to the Pieridae Energy Q4 and Full Year 2023 Financial Results Conference Call. Please be advised that today's conference is being recorded. [Operator ...

Revenue of $68.6 million in Q2 2020, an increase of $55.2 million or 412% compared to Q2 2019 Net operating income 1 (“NOI”) increased by $21.2 million or 1,101% compared to Q2 2019 Adjusted Funds ...

Reduce long term debt to further de-risk the balance sheet. Pieridae has hedged approximately 65% of its expected 2024 natural gas production at approximately $3.50/Mcf, and approximately 59% of its ...

(1) Refer to the “non-GAAP measures” section of the Company’s latest MD&A (2) Assumes average 2024 AECO price of $2.25/GJ and average 2024 WTI price of USD$70/bbl Pieridae has hedged approximately 65% ...