Brief: Pieridae Reports Q3 Petroleum And Natural Gas Revenues, Net Of Royalties of $12.6 Million

Cavvy Energy (Alberta)

06/11/2019 13:34

Nov 6 (Reuters) - Pieridae Energy Ltd  PEA.V :
    * PIERIDAE ANNOUNCES THIRD QUARTER RESULTS
    * PIERIDAE ENERGY LTD - PETROLEUM AND NATURAL GAS REVENUES,
NET OF
ROYALTIES, IN Q3 WERE $12.6 MILLION, A $.7 MILLION INCREASE FROM
Q2 2019
    * PIERIDAE ENERGY LTD - EXPECTING AN INCREASE IN PRODUCTION
TO
BETWEEN 40,000 AND 50,000 BOE/D IN LATTER PART OF YEAR
    * PIERIDAE ENERGY LTD - Q3 PRODUCTION AVERAGED 14,657
BARRELS OF
OIL EQUIVALENT PER DAY RESULTING IN $12.7 MILLION IN REVENUES,
3% HIGHER THAN Q2 2019

Source text for Eikon:  ID:nGNX7DVLDR 
Further company coverage:  PEA.V 

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