Read more. The company continued to show solid results during the ongoing pandemic including increased revenue, increased net operating income and an increase in average production. CALGARY, ALBERTA — December 13, 2018 — Pieridae Energy Limited (“Pieridae”) (PEA - TSXV) announces that, subject to the approval of the TSX Venture Exchange (the “TSXV”), it intends to complete a non-brokered private placement offering to raise $8.0 million (the “Private Placement”) the terms of which are detailed below. CIO is Canada’s leading digital business magazine, showcasing the innovative practices, histories and strategies in Canadian business. 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". We have had the discussion with several of them to gauge their interest.”. No pass code is required. Pieridae is pleased to announce that its common shares have been approved for listing on the Toronto Stock Exchange (TSX). All rights reserved. The clanging of iron, the blast of the Wheelabrator, the general din of steel being punched, sheared and burned into enormous structural components — some weighing as much as 300 tonnes — all signify the plant is operating at its peak. 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). Three key LNG project located in Eastern Canada — Pieridae Energy Ltd.’s Goldboro project in Nova Scotia; LNG Limited’s Bear Head project, also in N.S. Es sind aktuell keine Nachrichten für dieses Wertpapier verfügbar. PIERIDAE ENERGY LIMITED : Financial news and information Stock PIERIDAE ENERGY LIMITED | Toronto Stock Exchange: PEA | Toronto Stock Exchange Re-elected are: Myron Tétreault, Andrew Judson, Alfred Sorenson, Mark Horrox, Charles Boulanger, Kjell Pedersen and Charle Gamba. The purchase price for the Acquisition will be satisfied via (i) the payment to Shell of CAD$175 million in cash (net of adjustments), to be raised by Pieridae through the issuance of term debt and equity, as further described below and (ii) the issuance of Pieridae common shares to Shell having an aggregate value of CAD$15 million (such value to be determined proximate to the time of closing of the Acquisition, in accordance with the terms of the Purchase Agreement). 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 8:30 a.m. (MDT) / 10:30 a.m. (EDT). All news about PIERIDAE ENERGY LIMITED: 10/01: PIERIDAE ENERGY: Engages epcc contractor bechtel: AQ. Get the latest PIERIDAE ENERGY LIMITED (PEA.TO) stock news and headlines to help you in your trading and investing decisions. Members of the investment community, shareholders and other interested parties are invited to participate by calling toll-free: 1-888-231-8191, Calgary 403-451-9838, or Toronto: 647-427-7450. “So it was special for us to share that spirit through the Toronto Stock Exchange and feature a company that is working to lay the groundwork for its own legacy.”, CALGARY, ALBERTA – July 3, 2019 - Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) today announces that in accordance with its Directors’ Compensation Policy, 33,584 common shares of Pieridae Energy Limited were granted to its Directors on July 3, 2019, at the price value of $0.89 per share. They do not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. 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. Since then, PEA shares have increased by 9.9% and is now trading at C$0.30. Pieridae CEO, Alfred Sorensen, says, “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. The purchase price for the Acquisition will be satisfied via (i) the payment to Shell of CAD$175 million in cash (net of adjustments), to be raised by Pieridae through the issuance of term debt and equity, as further described below and (ii) the issuance of Pieridae common shares to Shell having an aggregate value of CAD$15 million (such value to be determined proximate to the time of closing of the Acquisition, in accordance with the terms of the Purchase Agreement). See page 24 and 25 in the Company’s MD&A. 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). CALGARY, ALBERTA – June 18, 2019 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) today announced the re-election of Mr. Myron A. Tétreault, Mr. Alfred Sorensen, Mr. Charles Boulanger, Mr. Andrew Judson, Mr. Kjell Pedersen and Mr. Tim de Freitas as its directors for the forthcoming year, and the election of Mr. Charle Gamba as a new independent director. 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. 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 issue for denial was the fact that there is no precedent for splitting a licence or no ability under the current legislation to do so. FOR THE FISCAL YEAR ENDED . CALGARY, ALBERTA – September 30, 2019 - Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) announces that Alberta Investment Management Corporation, on behalf of certain of its clients, and Pieridae have agreed to extend the maturity date of both (a) the $50 million senior secured term loan facility (the “Term Loan”), as described in the news release issued by the Company on December 18, 2018, and (b) the $10 million secured convertible debenture, as described in the news release issued by the Company on July 2, 2019, from September 30, 2019 to the earlier to occur of (i) October 16, 2019, or (ii) the day on which an acceleration notice is delivered, or deemed to be delivered under the Term Loan. Read more. The final investment decision (FID) for the Goldboro LNG Project has also been extended to June 30, 2021. Mr. Dargewitcz began his new role on November 11, 2019. No pass code is required. 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, Pieridae issued its Q1 2020 earnings on May 28, 2020 showing solid financial returns for a second straight quarter. Pieridae is a reporting issuer or the equivalent in British Columbia, Alberta and Québec. It is listed on the TSX Venture Exchange under the symbol PEA. CALGARY, ALBERTA — February 27, 2018—Pieridae Energy Limited (PEA-TSXV) announced today that it has engaged Morgan Stanley & Co, LLC (Morgan Stanley) and SG Americas Securities, LLC (Société Générale) to serve as financial advisors for Pieridae Energy’s Goldboro LNG project. Read more, Sputnik International 15:11 November 25, 2019, Canada's Super-Chilled Fuel as Germany's Source of Energy. Pieridae expects to close the equity, debt and Acquisition (as defined below) by the end of September. 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. Read more. CALGARY, ALBERTA — February 27, 2018—Pieridae Energy Limited (PEA-TSXV) announced today that it has engaged Morgan Stanley & Co, LLC (Morgan Stanley) and SG Americas Securities, LLC (Société Générale) to serve as financial advisors for Pieridae Energy’s Goldboro LNG project. Goldboro is Canada's best bet for LNG development off the East Coast, where stranded Alberta gas would be shipped to an export facility in Nova Scotia, liquefied and sold to global markets, creating thousands of jobs in Alberta and Nova Scotia. Pieridae Energy CEO Alfred Sorensen wants to build an LNG export facility in Nova Scotia that would cost more than US$7B. According to the CBC, in 2018, the German government offered Pieridae $4.5-billion in loan guarantees for the project which reportedly envisages the delivery of "non-frac" gas in the first train. “Our results show resiliency over the past three quarters as many companies continue to face the negativity of COVID-19 and its harsh impacts on the energy industry,” said Pieridae’s Chief Executive Officer Alfred Sorensen. Our President and CEO Alfred Sorensen had the opportunity to engage with long-time business reporter Mario Toneguzzi of Calgary Business to talk about Pieridae Energy, its key Goldboro LNG project, and how development of the LNG export facility continues to move forward. This confirmation not only satisfies a critical condition leading to the completion of Pieridae’s acquisition of Ikkuma as contemplated by the arrangement agreement entered into between the Company and Ikkuma on August 23, 2018, but also marks an important milestone in advancing the integrated Goldboro LNG project towards a final investment decision. “We achieved these strong results through our positive hedging strategy, limiting non-essential capital and operating spending and taking active steps to reduce administrative costs,” said Pieridae’s Chief Executive Officer Alfred Sorensen. Concurrent with the TSX listing, the common shares of Pieridae are expected to be de-listed from the TSX Venture Exchange. CALGARY, ALBERTA – June 26, 2019 - Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce that it has signed a purchase and sale agreement (the “Purchase Agreement”) with Shell Canada Energy (“Shell”) to purchase all of Shell’s midstream and upstream assets in the southern Alberta Foothills (the “Assets”) for a purchase price of CAD$190 million, subject to normal adjustments (the “Acquisition”). CALGARY, Alberta, Sept. 29, 2020 (GLOBE NEWSWIRE) — Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) is pleased to announce that it has signed a services agreement with respected global engineering firm Bechtel related to Pieridae’s 2-Train Goldboro LNG Facility. 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. The German federal government has promised billions of dollars in loan guarantees, although liquefied natural gas is particularly controversial in terms of climate policy. These stock options will expire on July 3, 2024. The completion of the Arrangement will result in a reverse takeover of the Company as defined in the policies of the TSX Venture Exchange (the “Exchange”). It is listed on the TSX Venture Exchange under the symbol PEA. 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). See pages 18 and 19 in the Company’s MD&A. 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. Pieridae intends to use the proceeds of the Private Placement to refinance certain amounts at closing of the arrangement with Ikkuma Resources Corp. (the “Arrangement”), to pay for transaction expenses associated with the Arrangement and for general corporate purposes, including development expenses. Read more. PIERIDAE ENERGY Schätzungen: Hier finden Sie einen Überblick über die erwartete Entwicklung der wichtigsten Kennzahlen von PIERIDAE ENERGY wie z.B. Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce that it has closed its acquisition of all of Shell Canada Energy’s (“Shell”) midstream and upstream assets in the southern Alberta Foothills (the “Assets”) for $190 million (the “Acquisition”) in accordance with the terms of the amended and restated purchase and sale agreement dated October 7, 2019 (the “PSA”). Volatility Over Time: PEA's weekly volatility (13%) has been stable over the past year. “This is a very positive step forward for our Goldboro LNG Project,” said Pieridae CEO Alfred Sorensen. The transaction is subject to Exchange approval. Members of the investment community, shareholders and other interested parties are invited to participate by calling toll-free: 1-888-231-8191, Calgary 403-451-9838, or Toronto: 647-427-7450. How has Pieridae Energy's share price performed over time and what events caused price changes? “This facility from EDC sends a strong signal to the market that we continue to gain momentum and key support for the Company and its strategic direction.” Read more. Please dial in 10 minutes prior to the start of the call. Pieridae’s CEO Alfred Sorensen recently spoke at the 2020 Canadian Gas Dialogues on a panel with senior leaders from the Canadian Energy Research Institute, the Government of the Northwest Territories and FortisBC. News coverage of the announcement was as follows: Pieridae issued its Q4 2019 earnings and year-end financial results April 16, 2020 and we had quite a good story to tell. This was a follow-up interview to a discussion Alfred had with Danielle in the summer of 2019. [1] NOI and AFFO are non-IFRS measures. The over-allotment option is exercisable for a period of 30 days from closing. 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. ", Goldboro LNG Project Continues to Move Forward CALGARY, ALBERTA – May 5, 2020 - Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) today announced it has negotiated extensions of the key deadlines under its 20-year agreement with German energy company Uniper Global Commodities (Uniper). See pages 21&22 in the Company’s Q3 2020 MD&A. [1] NOI and AFFO are non-IFRS measures. ; along with GNL Quebec’s Énergie Saguenay project — all plan to access gas from Western Canada. “As part of the resolution, Pieridae acquires the right to transition all of KBR’s work product created to date to a replacement EPCC contractor. Pieridae issued its Q4 2019 earnings and year-end financial results April 16, 2020 and we had quite a good story to tell. Power generation currently accounts for more than one-third of all GHG emissions. Read more. The decision has nothing to do with Pieridae’s financial position nor its ability to clean up certain assets. 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. They do not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. News coverage of the announcement was as follows: Pieridae, Uniper Extend Key Deadlines in LNG Agreement Daily Oil Bulletin Tuesday, May 5, 2020, 6:52 AM MDT Pieridae and Uniper extend key Goldboro LNG deadlines Will Owen, Assistant Editor LNG Industrym Wednesdaym May 6, 2020, 10:00 Pieridae Energy and Uniper extend Goldboro LNG deadlines Hydrocarbons Technology May 6, 2020 Pieridae Gets Extensions on Gas Deliveries, Goldboro LNG Bertie Melinda Taylor, Rigzone Staff, Wednesday, May 6, 2020 Pieridae, Uniper extend deadlines on Goldboro LNG project Kallanish Energy May 7, 2020 Read more. To that end Pieridae is going to build an LNG export terminal on Canada’s East Coast having recently purchased gas fields from Royal Dutch Shell. Read more. They do not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. 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. In the near future, Pieridae and the CLRA will request that the Labour Board declare the agreement to be a project agreement and declare the project agreement in effect for the Goldboro LNG facility project. The panel discussed Canada’s upward potential in the future global LNG market. 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. They do not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. Pieridae is the operator of Bourque and majority owner. Please dial in 10 minutes prior to the start of the call. Toronto - Toronto Real Time Price. That said, volumes continue to recover in the fourth quarter, with October’s production averaging approximately 44,100 boe/day, a 13% improvement from September. 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. It is in the business of developing, producing and processing natural gas, and the production of natural gas liquids (NGL's). CALGARY, ALBERTA — December 13, 2018 — Pieridae Energy Limited (“Pieridae”) (PEA - TSXV) announces that, subject to the approval of the TSX Venture Exchange (the “TSXV”), it intends to complete a non-brokered private placement offering to raise $8.0 million (the “Private Placement”) the terms of which are detailed below. NATIONAL ENERGY BOARD ISSUES IMPORT AND EXPORT LICENCES TO PIERIDAE ENERGY (CANADA) LTD. HARVARD PAPER DISCUSSES LNG EXPORTS FUTURE AND GOLDBORO LNG, Adjusted Funds Flow From Operations (“AFFO”), $10-$15 million pre-FID Goldboro LNG development expense budget, and post-FID Goldboro LNG capital expenditure budget of $250-$350 million, Commodities hedging of 55-65% on an 18-month rolling boe/d basis, Corporate and upstream general and administrative (“G&A”) costs of $0.90 to $1.00 per boe/d, Revenue (net of royalties) of $54.6 million in Q3 2020, an increase of $41.4 million or 315% compared to Q3 2019, Net operating income[1] (“NOI”) increased by $2.1 million or 76% compared to Q3 2019, Adjusted Funds Flow From Operations1 (“AFFO”) increased by $0.9 million or 13% compared to Q3 2019, Q3 2020 average production was 38,209 barrels of oil equivalent per day (“boe/day”), an increase of 23,552 boe/day or 161% compared to Q3 2019, Completed deferred maintenance to ensure the continued, safe and reliable operation of our assets, 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 Flow From Operations1 (“AFFO”) increased by $19.0 million or 291% compared to Q2 2019, Q2 2020 average production was 43,791 barrels of oil equivalent per day (“boe/day”), an increase of 28,423 boe/day or 185% compared to Q2 2019, Revenue of $74.0 million in Q1 2020, an increase of $51.0 million or 222% compared to Q1 2019, Petroleum and natural gas revenue increased by $41.4 million or 178% compared to Q1 2019, Net operating income[1] (“NOI”) increased by $14.1 million or 273% compared to Q1 2019, Adjusted Funds Flow From Operations1 (“AFFO”) increased by $12.0 million or 1,845% compared to Q1 2019, and cashflow from operations improved from a deficit of $17.1 million to $6.4 million, Q1 2020 average production was 41,211 barrels of oil equivalent per day (“boe/day”), an increase of 23,975 boe/day or 139% compared to Q1 2019, 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, Total revenue of $114.4 million in 2019. 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. Andy has demonstrated an on-going interest in the Goldboro Project and how it has been advancing. Read more, Pieridae shows strong Q1 results despite oil prices, pandemic Guysborough Journal Helen Murphy June 3 2020. “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. 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. CALGARY, ALBERTA – December 7, 2020 - 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. Read more. This issue only applies to the Waterton and Jumping Pound gas plants. First quarter results recieved positive and factual media attention: Shell Assets lift Pieridae Higher in Q1 Natural Gas World May 29, 2020 Pieridae Energy announces 1Q20 results Published by Will Owen, Assistant Editor LNG Industry, Friday, 29 May 2020, 09:15 Shell assets lift Pieridae higher in Q1 Natural Gas World Dale Lunan May 29, 2020, 3:27 p.m. Read more. A live webcast of the teleconference will be available via the following URL: https://produceredition.webcasts.com/starthere.jsp?ei=1319037&tp_key=22a94dd764 Read more. Rob is well-positioned to take our company to the next level. Read more. Rob Dargewitcz as Chief Financial Officer (“CFO”) of the Company. CALGARY, ALBERTA – July 13, 2020 - Pieridae Energy Limited (Pieridae or the Company) (TSX: PEA.TO) has received written notice from Kellogg Brown & Root Limited (“KBR”) that KBR is no longer prepared to negotiate and conclude a lump-sum turnkey engineering, procurement, construction and commissioning (“EPCC”) contract in relation to the proposed Goldboro LNG Facility. This issue only applies to the Waterton and Jumping Pound gas plants. The Goldboro LNG Facility has been proposed to be developed by Pieridae Energy in the Goldboro Industrial Park in Guysborough County in Nova Scotia Pieridae Energy is looking to engage another EPCC contractor for the Goldboro LNG … They do not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. “As part of the resolution, Pieridae acquires the right to transition all of KBR’s work product created to date to a replacement EPCC contractor. Company profile page for Pieridae Energy Ltd including stock price, company news, press releases, executives, board members, and contact information CALGARY, ALBERTA — September 14, 2018 — Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce the appointment of Ms. Melanie Litoski as Chief Financial Officer (“CFO”) of the Company. Pieridae Energy (PEA) share price, charts, trades & the UK's most popular discussion forums. Startseite. Daily Oil Bulletin Friday, December 6, 2019, 6 AM MST This article is part of an editorial series “Canada, LNG and the natural gas economy.” This initiative is supported by the Canadian Society for Unconventional Resources (CSUR), which is a leading Canadian source of factual, unbiased technical information on the development of unconventional oil and gas resources. Read more. CALGARY – While much of the Canadian oilpatch is waiting for a decision on an LNG project on the West Coast, Pieridae Energy Ltd. is on track to green light its $10-billion Goldboro LNG project in Nova Scotia as soon as next month. “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.
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