Pieridae Energy (TSE:PEA) has released an update.
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Pieridae Energy Limited has announced its 2025 guidance, focusing on efficiency, revenue growth, and debt reduction. The company expects production to reach between 23,000 and 25,000 boe/d, with capital expenditures projected at $25 million to $30 million. Pieridae also aims to enhance its third-party processing business and reduce long-term debt to improve financial flexibility.
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