Pieridae Energy Ltd.

QUEBEC, QUEBEC--(Marketwired - May 21, 2015) - (TSX VENTURE:PEA)(TSX:CDH)(EPA:MAU)(EPA:MPI) : Anticosti Hydrocarbons L.P. ("Anticosti LP") is pleased to announce that the 2011 Resource Report prepared by Sproule Associates Limited of Calgary has been updated (the "Update"). The Update, effective as of April 30, 2015, establishes at 30.7 billion barrels of oil equivalent (30,700 MMboe) the best estimate of the Total [...]

QUEBEC CITY, QUEBEC--(Marketwired - May 4, 2015) - (TSX VENTURE:PEA)(TSX:CDH)(EPA:MAU)(EPA:MPI) : Anticosti Hydrocarbons L.P. is pleased to announce that the stratigraphic survey program has resumed on Anticosti Island. At the time work was suspended last November, five stratigraphic surveys had been completed and the surface casing had been installed on four additional sites. Since drilling rigs were kept on the island [...]

QUEBEC CITY, QUEBEC--(Marketwired - Apr 27, 2015) - Pétrolia (TSX VENTURE:PEA) announced today that the production pump arrived at the Haldimand 4 site on April 24th. The installation of the pump began today and will be completed during the week. The pump will initially be used to complete well cleaning operations. The well has already been opened twice to prepare for the installation of the pump, once on March [...]

QUEBEC CITY, QUEBEC--(Marketwired - Apr 2, 2015) - Pétrolia (TSX VENTURE:PEA) announces that in accordance with its compensation policy and its stock option plan, which encourage to grant stock options to employees and directors, Petrolia's Board of Directors granted on March 26, 2015, 75 000 stock options to one of its directors. The price has been set at $0.57 per share, and the expiry date for these options is [...]

QUEBEC CITY, QUEBEC--(Marketwired - Mar 27, 2015) - Pétrolia (TSX VENTURE:PEA) is pleased to note the willingness expressed by the Government of Quebec in the Leitao Budget to complete the assessment of the oil and gas potential of Gaspésie. This willingness, coupled with the new accelerated capital cost allowance for liquefied natural gas incentives, will enable the implementation of a liquefied natural gas [...]

QUEBEC CITY, QUEBEC--(Marketwired - Mar 16, 2015) - Pétrolia (TSX VENTURE:PEA) (the "Corporation") is pleased to announce that it has closed the private placement initially announced on February 26, 2015. The Corporation has issued an aggregate of 2,728,500 "flow-through" shares at a price of $0.80 per share for gross proceeds of $2,182,800. At the time of the announcement of this private placement on February 26, 2015, the volume weighted average price of the Corporation's common shares was $0.5705 per share for the 20 consecutive preceding trading days. The proceeds of this private placement will be used by the Corporation to incur Canadian exploration expenses on the Corporation's properties located in the Province of Quebec. The Corporation may complete a second tranche of thi... [...]

QUEBEC CITY, QUEBEC--(Marketwired - Mar 9, 2015) - Pétrolia (TSX VENTURE:PEA) announces the appointment of a new board member as well as the restructuring of its management team in order to continue the implementation of its business plan. These decisions will improve resource allocation and help the Corporation to better fulfill its role as operator of the Anticosti project while also pursuing its objectives in the Haldimand and Bourque projects. The Corporation is pleased to announce the appointment of Mr. Martin Bélanger as a Director of Pétrolia. Mr. Bélanger is currently Director of Oil Pipelines and Commercial Operations Engineering at TransCanada Pipelines. The experience acquired by Mr. Bélanger over the last 24 years in the oil and gas industry... [...]

QUEBEC CITY, QUEBEC--(Marketwired - Feb 26, 2015) - Pétrolia (TSX VENTURE:PEA) (the "Corporation") is pleased to announce that it is seeking to complete a private placement of up to 3,437,500 "flow-through" shares at a price of $0.80 per share, for maximum gross proceeds of $2,750,000. The current volume weighted average price of the Corporation's common shares is $0.5705 for the 20 consecutive preceding trading days. This private placement is expected to close on or before March 13, 2015. Such proceeds will be used by the Corporation to incur Canadian exploration expenses on the Corporation's properties located in the Province of Quebec. As consideration for their services, Marquest Capital Markets and Secutor Capital Management Corp. will receive a finder... [...]

QUEBEC CITY, QUEBEC--(Marketwired - Feb 18, 2015) - Pétrolia (TSX VENTURE:PEA) is pleased to announce the results of its short-term evaluation test on the Haldimand 4 well. A total of 120.4 m3 (757 barrels) of drilling fluids mixed with light crude oil was recovered during the test. This oil is comparable to that recovered from the Haldimand 1 well in the same reservoir. Based on our estimates, the well produced approximately 54 cubic meters of oil (340 barrels) during this test. The next stage will be to undertake the production test. This well, which was drilled without hydraulic fracturing, was started on November 25th and was completed on December 30th, 2014. Pétrolia then proceeded with short-term evaluation tests, the objective of whic... [...]

QUEBEC CITY, QUEBEC--(Marketwired - Jan 6, 2015) - Pétrolia (TSX VENTURE:PEA) is pleased to announce that the drilling phase of the Haldimand 4 well was completed on December 30th. The drilling was conducted within budget and in accordance with engineering projections. Drilling started on November 25th and was completed in 35 days, which met the predicted schedule. Haldimand 4 is a horizontal well, which was drilled without hydraulic fracturing, and has a total length of 2630 meters. The drilling of the Haldimand 4 well represents an important step in the exploration work necessary to bring this reservoir on production. At 400 meters, in order to intercept the maximum of natural fractures, the drilling was gradually deviated in a sout... [...]