July 25 (Reuters) - Canadian energy company Pieridae

Energy ( PTOAF ) said on Thursday it has shut-in the production

of about 6,250 barrels of oil equivalent per day (boe/d) that

flows to a third-party owned and operated facility, in response

to low natural gas prices.

Pieridae said the shut-in of the uneconomic sour gas

production was due to extremely low AECO natural gas prices and

high processing costs.

The AECO hub, located in the Canadian province of Alberta,

is one of the largest storage facilities in North America and

where the benchmark price for Canadian gas is set.

The production is expected to be completely shut in by July

26, Pieridae added.