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Pieridae Releases Q4 and Full Year 2022 Results, 2022 Reserves & Revises 2023 Guidance

Provided By Globe Newswire

Last update: Mar 22, 2023

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CALGARY, Alberta, March 22, 2023 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) announces the release of its fourth quarter and full year 2022 financial and operating results and year end 2022 reserves. Pieridae generated Net Operating Income (“NOI”)1 of $201 million and made term debt principal repayments totalling $48 million during 2022.

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