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Pieridae Energy Q1 report

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LNG Industry,


Pieridae Energy Limited, has announced that it has filed its Q1 unaudited condensed interim financial statements and related management’s discussion and analysis (MD&A) for the three months ended 31 March 2018:

  • Net loss attributable to equity holders – US$2942 in Q1 2018; US$2058 in Q1 2017.
  • Net loss per share (basic and diluted) – US$0.06 in both Q1 2018 and 2017.
  • Cash and cash equivalent including cash and cash equivalent held for exploration purpose – US$18,925 in Q1 2018; US$21 238 in Q1 2017.
  • Working capital – US$8098 in Q1 2018; US$10 379 in Q1 2017.
  • Exploration and evaluation assets – US$43 024 in Q1 2018; US$42 827 in Q1 2017.

Pieridae Energy is based in Calgary and operates as both a producer and seller of LNG. Its main project is the Golboro LNG Project.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/24052018/pieridae-energy-q1-report/

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