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. 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. Mr. Mukherjee has worldwide expertise in front-end engineering and design; detailed engineering, procurement, contracts, construction, and commissioning (“EPCC”); including module fabrication and construction related to mega LNG projects and oil and gas in North America and overseas. The success of such initiatives can impact the environment, the economy and/or your power bill. Read more. Since the deal to acquire Shell Canada's assets was announced June 26, media interest in the acquisition has been high. It seems that two liquified natural gas (LNG) projects targeted for the Strait area have travelled different directions. PIERIDAE ENERGY LIMITED : News, information and stories for PIERIDAE ENERGY LIMITED | OTC Bulletin Board - Other OTC: PTOAF | OTC Bulletin Board - Other OTC “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 Ltd is engaged in the development of a fully integrated liquefied natural gas (LNG) project to be built in Goldboro, Nova Scotia. CIO is Canada’s leading digital business magazine, showcasing the innovative practices, histories and strategies in Canadian business. 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 expects to close the equity, debt and Acquisition (as defined below) by the end of September. The company continues to reap benefits from its acquisition of gas-producing Shell assets in the Alberta Foothills last fall. 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.” said Pieridae's Chief Executive Officer Alfred Sorensen. The price has been set at $ 5.67 per share, and the expiry date for these options is January 28, 2023. Over the last three months, we've seen a bit of insider buying at Pieridae Energy. CIO is Canada’s leading digital business magazine, showcasing the innovative practices, histories and strategies in Canadian business. CALGARY, ALBERTA – November 6, 2019 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) has filed its third quarter (“Q3”) unaudited condensed interim financial statements and related management’s discussion and analysis (“MD&A”) for the three and nine month periods ending September 30, 2019. (...)  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. Resulting lower volumes did impact our bottom line, but we will never compromise the safety of our employees. 28,634 BOE/d and Midstream Assets, including Three Deep-Cut Gas Plants Highlights: Acquisition immediately accretive to the Company Acquired majority of the gas needed to supply Train 1 at Goldboro LNG facility Further progress made toward Goldboro LNG final investment decision Pieridae remains committed to working respectfully with area communities and Treaty 7 Nations CALGARY, ALBERTA – October 17, 2019 - 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”). Strong Financial Growth Anticipated Pre- and Post-FID Investments Approved for Goldboro LNG Highlights: Net operating income (“NOI”)1 growth to $100-$130 million Adjusted Funds Flow From Operations (“AFFO”)1 increase to $80-$110 million Adjusted operating expenses1 of $9.50-10.50/boe Production of 40,000-45,000 boe/d $45-55 million upstream capital budget $10-$15 million pre-FID Goldboro LNG development expense budget, and post-FID Goldboro LNG capital expenditure budget of $250-$350 million2 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 [1] NOI, AFFO and adjusted operating expenses are non-IFRS measures. 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. 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 – February 5, 2020 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) announced today that in accordance with its Directors’ Compensation Policy, 80,697 common shares of Pieridae Energy Limited were issued to certain of its Directors on February 5, 2020, at a price of $0.79 per share. CALGARY, ALBERTA – November 1, 2017 – Pieridae Energy Limited ("Pieridae") is pleased to announce that further to the completion of the business combination of Pieridae Energy Limited and Pétrolia Inc. ("Pétrolia") by way of plan of arrangement (the "Arrangement") on October 24, 2017 and the satisfaction of the TSX Venture Exchange Inc. (the “TSX Venture”) listing conditions, it has received confirmation from the TSX Venture that the Final Exchange Bulletin pertaining to this Reverse Take-Over has been issued on November 1, 2017. See pages 21&22 in the Company’s Q3 2020 MD&A [2] Assumes an FID of June 30, 2021. 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 9:30 a.m. (MDT) / 11:30 a.m. (EDT). Pieridae Energy was contacted to comment on the Government's announcement, and also asked if anything more needs to be done to help the industry and stem the flow of bankruptcies. Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.V) 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 CALGARY, ALBERTA – May 9, 2019 - Pieridae Energy Limited (Pieridae or the Corporation) (TSXV: PEA) In light of the recent share price decline, Pieridae would like to confirm that there have been no material adverse changes in its business. 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. 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. Read more. Read more, Pieridae shows strong Q1 results despite oil prices, pandemic Guysborough Journal Helen Murphy June 3 2020. Read more. The decision has nothing to do with Pieridae’s financial position nor its ability to clean up certain assets. Toronto - Toronto Real Time Price. 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. CALGARY, ALBERTA – November 3, 2020 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) will release its third-quarter 2020 results on Friday, November 13, 2020 prior to markets opening. Using natural gas to generate electricity produces half as many GHGs as coal and virtually eliminates the noxious air pollution related to burning coal. Pieridae is a reporting issuer or the equivalent in British Columbia, Alberta and Québec. CALGARY, ALBERTA – May 15, 2020 Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) issued the following statement from CEO Alfred Sorensen with respect to the Alberta Energy Regulator’s (“AER”) decision to deny the application to transfer licences for Shell’s Foothills Assets to Pieridae: “We are disappointed by the AER’s decision regarding the transfer of licences for the Foothills Assets. See page 24 and 25 in the Company’s MD&A. 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. 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. 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). CALGARY, ALBERTA — May 7th, 2018—Pieridae Energy Limited (PEA-TSXV) is pleased to announce it has entered into a term sheet to negotiate a binding liquefied natural gas (LNG) sale and purchase agreement (“SPA”) to supply Canadian-sourced liquefied natural gas to Europe from the Second Train of the Goldboro liquefaction facility in Nova Scotia. 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. Nova Scotia, 05/05/2017: Pieridae Energy Limited (“Pieridae” or the “Company”) announced today the Goldboro LNG Project Special Needs Collective Agreement. The Arrangement constitutes a Reverse Take-Over under the policies of the TSX Venture Exchange Inc. ("TSX Venture"). 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). “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. “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. Rob Dargewitcz as Chief Financial Officer (“CFO”) of the Company. Pieridae is a reporting issuer or the equivalent in British Columbia, Alberta and Québec. The final investment decision (FID) for the Goldboro LNG Project has also been extended to June 30, 2021. More specifically, Pieridae wants to build its operation in Goldboro, Guysborough County, and now Pieridae is in the news again. ", Key Financial Metrics Increased Year-Over-Year During Ongoing Market Volatility Highlights: 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 CALGARY, ALBERTA – November 13, 2020 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) released its Q3 2020 results today, highlighted by the fact the Company recorded year-over-year increases in key financial metrics such as revenue, NOI and AFFO in the midst of ongoing market volatility.