Gross proceeds from the Offering were $12.2 million. See page 24 and 25 in the Company’s MD&A. PIERIDAE ENERGY AKTIE und aktueller Aktienkurs. ‎This issue only applies to the Waterton and Jumping Pound gas plants. Pieridae Energy (PEA) share price, charts, trades & the UK's most popular discussion forums. The total gross proceeds from this second tranche of the private placement financing are $1,188,000. 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). “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 is continuing to take tangible steps to advance the Goldboro LNG Project despite more COVID-19 related hurdles. The remainder of the Over-Allotment Option is exercisable until March 28, 2019. CALGARY, ALBERTA – August 4, 2020 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) will release its second-quarter 2020 results on Wednesday, August 12, 2020 prior to markets opening. Pieridae Energy Ltd. videos and latest news articles; GlobalNews.ca your source for the latest news on Pieridae Energy Ltd. . CALGARY, ALBERTA – September 5, 2019 - Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce that Haywood Securities Inc., as sole agent, has confirmed that it has received subscriptions for the placement of 38,637,850 subscription receipts of the Company at a price of $0.86 per subscription receipt for gross proceeds of $33,228,551.38 (the “Subscription Receipt Offering” or the “Offering”). ; along with GNL Quebec’s Énergie Saguenay project — all plan to access gas from Western Canada. The transaction is subject to Exchange approval. Revenue, Net Operating Income & Production All Up Substantially Key Highlights: Total revenue of $114.4 million in 2019. “This is a big step for our Company, and we look forward to the benefits being part of the TSX provide,” said Pieridae CEO Alfred Sorensen. Read more. ", Alfred Sorensen Pieridae Energy Chief Executive Officer. There are a lot of concerns that "fracking" technology based on injecting water and chemicals underground to release natural gas is fraught with dramatic environmental risks. Specifically, for Goldboro LNG, we have allocated $10-$15 million for development expenses. Both companies are moving swiftly to evaluate options on the transfer applications and will continue to attempt to seek clarity from the regulator to define an appropriate path forward." Pieridae Energy CEO Alfred Sorensen wants to build an LNG export facility in Nova Scotia that would cost more than US$7B. “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 Schätzungen: Hier finden Sie einen Überblick über die erwartete Entwicklung der wichtigsten Kennzahlen von PIERIDAE ENERGY wie z.B. There are a lot of concerns that "fracking" technology based on injecting water and chemicals underground to release natural gas is fraught with dramatic environmental risks. 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. 22, 2020 6:55 PM ET Seeking Alpha Carl Surran, SA News Editor KBR to Exit Most LNG, Energy Projects Bertie Melinda Taylor Rigzone Staff Wednesday, June 24, 2020 KBR Will Exit Fixed-Price Energy Construction, CEO Confirms June 18, 2020 Debra K. Rubin Engineering News-Record Read more. Martin Belanger, senior vice-president of project developer Pieridae Energy Limited, said although the company will control its own gas production, it will need other supplies. 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. 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. 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.”. 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. Andy has demonstrated an on-going interest in the Goldboro Project and how it has been advancing. 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. For further information please contact: Alfred Sorensen, Chief Executive Officer Telephone: (403) 261-5900. In 2018, the company was issued a permit to construct the facility, received US$1.5 billion in additional conditional loan support from the German Government, closed its purchase of Ikkuma Resources Corp. (“Ikkuma”) to obtain a portion of the supply of natural gas for Goldboro’s first LNG facility (Train 1), and signed a sale and purchase agreement to supply Europe with additional LNG from Goldboro’s second facility (Train 2). The Financial Post's Geoff Morgan wrote an article following the Alberta Government's announcement that it was providing much needed and appreciated municipal tax relief to struggling upstream natural gas producers. 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. How Germany's Embracing LNG in a Bid to Reduce Dependence on Russian Gas, Pieridae Appoints a New Chief Financial Officer, PIERIDAE ENERGY TO SCALE UP LNG SPENDING IN 2020, Opportunities for LNG from Canada Increase, Canadian Industry Online: Pieridae Energy Feature, BNN Bloomberg Interview: Pieridae CEO Alfred Sorensen Talks About Goldboro LNG Progress, The Danielle Smith Show: Feature Interview with Pieridae CEO Alfred Sorensen, High Media Interest as Pieridae Closes Shell Asset Acquisition, Steel plants fear being shut out of big LNG projects after Ottawa's 'bizarre' tariff exemption on China steel, ENERGY: How and when Atlantic Canada curbs greenhouse gas emissions is fiercely contested, A PEA-SIZED COMPANY WITH A HUGE NATURAL GAS VISION. Our relationship with Uniper remains strong and we very much appreciate their on-going support,” said Pieridae CEO Alfred Sorensen. 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. 08/06: PIERIDAE … Re-elected are: Myron Tétreault, Andrew Judson, Alfred Sorenson, Mark Horrox, Charles Boulanger, Kjell Pedersen and Charle Gamba. Pieridae Continues to Gain Support from Key Stakeholders  CALGARY, ALBERTA – July 29, 2020 - Pieridae Energy Limited (Pieridae or the Company) (TSX: PEA.TO) is pleased to announce it has received approval from Export Development Canada (“EDC”) for a CAD$6 million guarantee facility as part of EDC’s Account Performance Security Guarantee (“APSG”) program. PIERIDAE ENERGY-Aktie jetzt kaufen? Having received notice from KBR on their decision to stop negotiations regarding a lump sum turnkey engineerying, procurement, construction and commissioning (EPCC) contract in relation to the project, we continue to look forward. “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. CALGARY, ALBERTA — October 22, 2018—Pieridae Energy Limited (PEA-TSXV) announces that in accordance with its Directors’ Compensation Policy, 21,960 common shares of Pieridae Energy Limited were granted to its Directors on October 19, 2018, at the price value of $4.18 per share. 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. Pieridae released its Q2 2020 results on August 12, 2020. Read more. Rubriken. The remainder of the Over-Allotment Option is exercisable until March 28, 2019. 18/11/2020 08:23:59 1-888-992-3836 Free Membership Login. 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. All news about PIERIDAE ENERGY LIMITED: 10/01: PIERIDAE ENERGY: Engages epcc contractor bechtel: AQ. CALGARY, ALBERTA – May 27, 2020 - 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, Mr. Charle Gamba and Mr. Mark Horrox as its directors for the forthcoming year, and the election of Ms. Kiren Singh as a new independent director. 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. “Bechtel has significant experience building and delivering global LNG projects, helping their customers deliver about 30% of the world’s LNG capacity over the past two decades. 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. 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. Although KBR has indicated they remain interested in providing the EPCC services for construction of the Goldboro LNG Facility, KBR’s decision to no longer provide a fixed price contract is in apparent contravention of its obligation under the terms of a signed services agreement dated March 27, 2019, made between Pieridae and KBR. When the price of oil is strong, energy policy can power boom times. “We continue to see the benefits of last fall’s Foothills Asset acquisition, with Pieridae recording strong financial results in spite of very challenging market conditions,” said Pieridae’s Chief Executive Officer Alfred Sorensen. Read more. After helping to raise $10 billion to construct the North West Redwater refinery, Rob’s skill set is well-positioned to bring in the larger financing needed to build Pieridae’s Goldboro LNG Project.” Rob's appointment received traditional media play, please see the headlines below and click on 'read more' to view the stories: Pieridae Appoints New CFO - Daily Oil Bulletin Interim chief financial officer of Pieridae Energy moves to permanent role - LNG World News Pieridae appoints new CFO - LNG Industry Read more. “We did invest in completing planned maintenance of our assets in the quarter that had been deferred due to the pandemic. 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”). 09/29: PIERIDAE ENERGY: signs Bechtel as engineer and builder of Nova Scotia LNG expor.. AQ. For a ray of hope on the liquified natural gas file, it might be best to look east rather than west. 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. Pieridae is pleased to announce that its common shares have been approved for listing on the Toronto Stock Exchange (TSX). Pieridae anticipates signing that contract in the coming months. Pieridae has also closed on the issuance of 711,967 subscription receipts, at a price of $0.86, on a non-brokered basis, for gross proceeds of approximately $612,291.62. 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”). “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. Read more. Pieridae Energy is one of three companies that have plans to develop a liquefied natural gas export facility at the Strait of Canso. Please dial in 10 minutes prior to the start of the call. On November 12 we announced Rob Dargewitcz as Pieridae's new CFO. "He did a stellar job in helping to secure the financing needed to close the transformational Shell asset acquisition. “This is a big step for our Company, and we look forward to the benefits being part of the TSX provide,” said Pieridae CEO Alfred Sorensen. NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR. Read more. 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. It is in the business of developing, producing and processing natural gas, and the production of natural gas liquids (NGL's). The Arrangement constitutes a Reverse Take-Over under the policies of the TSX Venture Exchange Inc. ("TSX Venture"). 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. The price has been set at $ 5.67 per share, and the expiry date for these options is January 28, 2023. 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. FOR THE FISCAL YEAR ENDED . Pieridae Energy had the privilege to close the Toronto Stock Exchange today during Stampede week in Calgary. Brett Bundale Halifax-Chronicle Herald Oct 10 at 12:40 p.m. 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. After helping to raise $10 billion to construct the North West Redwater refinery, Rob’s skill set is well positioned to bring in the larger financing needed to build Pieridae’s Goldboro LNG Project.”, Key Development: Transformational Change Following Close of Shell Alberta Foothills Assets Acquisition Highlights: Completed the transformational Shell asset acquisition which is immediately accretive to the Company Shell assets give Pieridae majority of the gas resource to supply Train 1 (or facility) at Goldboro LNG facility Third quarter production averaged 14,657 barrels of oil equivalent per day (“Boe/d”), resulting in $12.7 million in revenues, three per cent higher than Q2 2019 Natural gas physical hedging resulted in a 41 per cent premium price to AECO Upstream year-to-date net operating income (“NOI”)[1] is positive despite two successive quarters of a low-priced environment 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. Read more. 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. REVISED ANNUAL INFORMATION FORM . 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. Our company is featured in the October edition of Canadian Industry Online (CIO). 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. Read more. No pass code is required. The noise pulsing throughout Supreme Steel’s fabrication plant in Delta, B.C., on a busy day is enough to pummel the ears. Stock analysis for Pieridae Energy Ltd (PEA:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. 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. Pieridae is a reporting issuer or the equivalent in British Columbia, Alberta and Québec. Using natural gas to generate electricity produces half as many GHGs as coal and virtually eliminates the noxious air pollution related to burning coal. Liquefied natural gas projects planned for eastern Canada represent a significant opportunity for Alberta’s gas producers to reach tidewater and access markets in western Europe. Read more, By Jim Bentein Daily Oil Bulletin Friday, May 17, 2019, 7:56 AM MDT. CALGARY, ALBERTA – October 11, 2019 - Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce that it has closed the first tranche of its previously announced brokered private placement of Company subscription receipts (the “Offering”). The APSG will allow Pieridae to release cash collateral requirements provided as security for certain existing and potential future LCs. 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. Pieridae CEO Alfred Sorensen is featured in the article and talked about how the company's Goldboro LNG Project will be a key player in supplying the global need for LNG. Mr. Horrox is a principal at Third Eye Capital ("TEC"). 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. 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. 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. They do not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. His contribution to modularization in Canada is well recognized, and, he has significant exposure to major module yards in Asia. Pieridae Energy Ltd. stock and Oil & Gas Integrated market discussion, news, and analysis from Canada's largest community of active investors Read more. Pieridae Energy Ltd., based in Calgary, says it has hired a new engineering firm to replace one that left its East Coast liquefied natural gas export project in July. 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. Pieridae Energy Limited engages in the acquisition, exploration, and development of petroleum and natural gas resources in Canada. Québec, May 15, 2017: Pétrolia Inc. PEA-TSVX (“Pétrolia” or the “Company”) announces that it has entered into a definitive agreement dated May 15, 2017 (the “Arrangement Agreement“) with Pieridae Energy Limited (“Pieridae“), a private Canadian corporation, providing for a business combination by way of plan of arrangement (the “Arrangement”) in accordance with Section 192 of the Canada Business Corporations Act (the “CBCA“), pursuant to which Pétrolia and Pieridae will amalgamate to form a new entity to be named “Pieridae Energy Limited” (“Amalco“). How has Pieridae Energy's share price performed over time and what events caused price changes? CALGARY, ALBERTA – May 19, 2020 - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) will release its first-quarter 2020 results on Thursday, May 28, 2020 prior to markets opening. Startseite. Recevez les titres et actualités sur les actions PIERIDAE ENERGY (4P31.F) afin de prendre les meilleures décisions en matière de suivi et d’investissement. Please call 1-855-859-2056 and enter pass code 3652577#. Shares are expected to start trading on the TSX at the opening of the market on June 3, 2020. CALGARY, ALBERTA — December 20, 2018 — Pieridae Energy Limited (PEA-TSXV) (“Pieridae”) and Ikkuma Resources Corp. (IKM-TSXV) (“Ikkuma”) announce that they have completed the previously announced arrangement pursuant to which Pieridae acquired all of the issued and outstanding shares of Ikkuma by way of a plan of arrangement (the “Arrangement”) under section 193 of the Business Corporations Act (Alberta). 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. 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”). The company is planning to develop a $10-billion LNG export plant at Goldboro, Nova Scotia. For a ray of hope on the liquified natural gas file, it might be best to look east rather than west. New EPCC contractor to replace KBR on Pieridae Goldboro LNG Project Daily Oil Bulletin Elsie Ross Wednesday, August 12, 2020, 11:49 AM MDT, Canada’s Pieridae settles with KBR on Goldboro work [update] Natural Gas World Dale Lunan August 12, 2020, Pieridae Has Prospects for New Engineer allNovaScotia.com August 13, 2020 Dan Walsh, Pieridae is continuing to take tangible steps to advance the Goldboro LNG Project despite more COVID-19 related hurdles.