From Discovery to Delivery: A Fully Integrated LNG Infrastructure

Founded in 2011, Pieridae Energy is developing a fully integrated LNG infrastructure business covering the entire LNG value chain, from exploration and production of crude oil and natural gas to the development and operation of a complete LNG terminal.

The Goldboro LNG terminal project consists of an LNG processing facility, storage tanks and marine works located in Nova Scotia (Canada).

With its acquisition of resources in New Brunswick to its merger with Pétrolia, Pieridae is building a long-term portfolio of natural gas to supply the Goldboro LNG Project.

The target markets for the LNG produced at the Goldboro LNG project are Europe, South America and Asia.

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Pieridae:
Doing Business The Right Way

Pieridae conducts its every operation in a socially, environmentally and fiscally responsible manner.

The company and its employees are committed to giving back to the communities in which it lives and work.

It also committed to adopting and implementing environmental stewardship strategies that minimize its ecological footprint, thus ensuring the best possible future for all Canadians.

Pieridae’s every action are guided by a fair and strict code of business ethics focusing on honesty, ethics and accountability in all our dealing with our business partners, investors, government entities and the general public.

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Latest Press Releases

  • 2019/04/24 – Pieridae Energy - Years End Results - 2018

    CALGARY, ALBERTA – April 24, 2019 - Pieridae Energy Limited (“Pieridae” or the “Corporation”) (PEA - TSXV) released its 2018 financial and operating results today, highlighting the fact it took some key steps forward last year in advancing its Goldboro liquefied natural gas (“LNG”) Project. 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).

     

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  • 2019/04/01 – PIERIDAE ACHIEVES MAJOR STEP FORWARD - ENGAGES EPC CONTRACTOR KBR

    CALGARY, ALBERTA - April 1, 2019 - Pieridae Energy Limited (Pieridae) (TSXV: PEA) is pleased to announce that the respected global engineering firm of Kellogg Brown & Root Limited (KBR) has been engaged to perform a review of an amended version of the previously prepared front-end engineering and design (FEED) study for the proposed Goldboro LNG facility. KBR will also conduct an open-book estimate necessary for entering into a lump sum turnkey engineering, procurement and construction (EPC) contract. Pieridae anticipates signing that contract in the coming months. The company expects to start construction activities in 2019 and ship first gas overseas to meet the expected global LNG shortfall in 2023/2024.

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  • 2019/03/06 – PIERIDAE ENERGY LIMITED ANNOUNCES PARTIAL EXERCISE OF OVER-ALLOTMENT OPTION IN RESPECT OF BROKERED PRIVATE PLACEMENT AND CLOSING OF SECOND TRANCHE OF NON-BROKERED PRIVATE PLACEMENT

    Calgary, Alberta: March 6, 2019 – Pieridae Energy Limited (“Pieridae”) (TSXV: PEA) is pleased to announce that it has issued 320,000 common shares at a price of $2.00 per share (the “Over-Allotment Offering”), for incremental gross proceeds of $640,000, pursuant to the partial exercise of an over-allotment option (the “Over-Allotment Option”) granted by the Company to a syndicate of investment dealers co-led by KES 7 Capital Inc., National Bank Financial Inc. and Laurentian Bank Securities Inc. (collectively, the “Agents”) in connection with the Company’s previously announced brokered private placement of common shares of the Company (the “Brokered Offering”). The remainder of the Over-Allotment Option is exercisable until March 28, 2019. 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”). The total gross proceeds from this second tranche of the private placement financing are $1,188,000.

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