Pieridae Energy Ltd.

QUEBEC CITY, QUEBEC--(Marketwired - Nov 25, 2014) - Pétrolia (TSX VENTURE:PEA) announces the resumption of drilling at the Haldimand 4 site. This conventional horizontal well drilled without hydraulic fracturing will allow the Company to assess the commercial potential of the petroleum resources of the Haldimand deposit. The Haldimand 4 well site is located in the wooded area near Sandy Beach, Gaspé, where Pétrolia has been safely operating in an environmentally responsible way that respects local communities and meets the highest industry standards. Pétrolia has implemented several measures to minimize social and environmental risks, including an aquifer observation well, a watertight membrane under the drill site, and a sound barrier, as we... [...]

SEPT-ILES, QUEBEC--(Marketwired - Nov 19, 2014) - Sharing the Quebec North Shore's ambition to ensure its industrial development with a safe and effective supply of liquid natural gas (LNG), two leading companies in this sector today signed an exclusive partnership that could become the major LNG supply chain for the North Shore. Insofar as it gains the requisite government approvals, TUGLIQ Energy has committed to [...]

QUEBEC CITY, QUEBEC--(Marketwired - Nov 3, 2014) - Pétrolia (TSX VENTURE:PEA) is pleased to provide the following corporate update relating to the commercialization of its oil and gas properties on Anticosti Island and in the Gaspé region of Quebec. Haldimand Project The drilling of Haldimand 4 will resume by mid-November. The drilling rig, already on the site, is fully functional and the drilling team is expected on site in the coming days. The drilling of this well will make it possible to validate the commercial viability of the Haldimand deposit. Anticosti Project Due to the change of government and the adoption of a new regulatory framework, the operations on Anticosti Island, planned to s... [...]

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QUEBEC CITY, QUEBEC--(Marketwired - Sep 4, 2014) - Pétrolia (TSX VENTURE:PEA) (the "Corporation") is pleased to announce that it has closed a private placement. The Corporation has issued an aggregate of 2,949,323 "flow-through" shares at a price of $0.85 per share, for gross proceeds of $2,506,924.55. 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, Secutor Capital Management Corp. received a finder's fee equal to 5% of the gross proceeds of the offering. All securities issued pursuant to this private placement are subject to a hold period ending on January 5th, 2015. As a result of the issuan... [...]

QUEBEC CITY, QUEBEC--(Marketwired - Sep 3, 2014) - Pétrolia (TSX VENTURE:PEA) is proud to announce the appointment of Marie-Claude Costisella to the position of Head of Community Relations for the Gaspé region. Ms. Costisella will be tasked with building ties between Pétrolia and the community and strengthening the Company's partnerships with economic and social stakeholders in the region. An active volunteer who has been involved with citizen initiatives and community organizations, Ms. Costisella has a good understanding of the community and of local and regional issues. Her experience and her attachment to the region are major assets for Pétrolia. A native of Gaspé, Ms. Costisella has university management training and extensi... [...]

QUEBEC CITY, QUEBEC--(Marketwired - Jul 23, 2014) - Pétrolia (TSX VENTURE:PEA) is pleased to announce the adoption of the Regulation respecting water withdrawals and water protection (RRWWWP) by the Ministère du Développement durable, de l'Environnement et de la Lutte contre les changements climatiques (MDDELCC). This regulation stipulates that the minimum distance between a drilling site and a groundwater well must be 500 meters. The location of the Haldimand 4 well complies with the safe distances set out in this regulation. Pétrolia reiterates that this is a conventional well without hydraulic fracking. Adoption of this regulation invalidates the municipal regulation adopted by the City of Gaspé and meets a joint req... [...]

QUEBEC CITY, QUEBEC--(Marketwired - Jul 15, 2014) - Pétrolia (TSX VENTURE:PEA) announces that its President and CEO, Alexandre Gagnon, will be traveling to various areas of Quebec to meet with members of the business community and with investors. The meetings, in the form of breakfast seminars, will be an opportunity for Mr. Gagnon to present Pétrolia's current projects and future opportunities. The meetings will be held in French from 8:00 a.m. to 9:30 a.m. in the following locations: August 11: Rouyn-Noranda August 25: Gaspé ... [...]

Pétrolia announces that the Quebec superior court has issued a judgment approving a settlement agreement between the parties in the claim by the Centre québecois du droit à l'environnement regarding the stratigraphic survey program to be conducted this summer on Anticosti Island. This judgment allows Anticosti Hydrocarbons L.P., of which Pétrolia Anticosti inc. is the operator, to proceed with the program this summer as [...]

Pétrolia is strongly reassured by the Government of Quebec's chosen approach to the oil and gas industry. In our opinion, it is a balanced approach that will enable the government to ultimately implement a legislative and regulatory framework that is sustainable and predictable for our industry, and play its role in ensuring social acceptability. "We are extremely pleased that things are now clear for the industry.