Brief: Pieridae Releases Q4 And 2020 Results

Cavvy Energy (Alberta)

25/03/2021 11:41

March 25 (Reuters) - Pieridae Energy Ltd  PEA.TO :
    * PIERIDAE RELEASES Q4 AND 2020 RESULTS
    * PIERIDAE ENERGY LTD - NOI DECREASED 48% TO $12.8 MILLION
IN Q4
2020 COMPARED TO $24.5 MILLION IN Q4 2019
    * PIERIDAE ENERGY LTD QTRLY NET LOSS PER SHARE, BASIC AND
DILUTED
$0.29
    * PIERIDAE ENERGY LTD - PRODUCTION IN Q4 OF 2020, AVERAGING
44,800
BOE/DAY, A 17% INCREASE FROM PRIOR QUARTER
    * PIERIDAE ENERGY LTD -SEES 2021 TOTAL PRODUCTION 40,000
BOE/D -
45,000 BOE/D

Source text for Eikon:  ID:nGNX6vlyvV 
Further company coverage:  PEA.TO 

 ((Reuters.Briefs@thomsonreuters.com;))