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Pine Cliff Energy Ltd T.PNE

Alternate Symbol(s):  PIFYF

Pine Cliff Energy Ltd. is a Canada-based company that is engaged in the acquisition, exploration, development and production of natural gas and oil in the Western Canadian Sedimentary Basin and also conducts various activities jointly with others. The Company's operating areas include Central Assets, Edson Assets and Southern Assets. Its Central Assets include Ghost Pine and Viking Kinsella areas of Central Alberta. Its Southern Assets includes Monogram unit, Many Islands / Hatton properties, Pendor, Cadillac and Wymark, Black Butte and Eagle Butte areas. Its Edson Assets include Mcleod River and Pine Creek, and Carrot Creek. The Company operates and sells its natural gas to the common Alberta natural gas price hub, Alberta Energy Company (AECO), and the Company also sells to four other gas markets: Aden, TEP, DAWN and Empress.


TSX:PNE - Post by User

Comment by Skylar1on Jan 05, 2022 3:18pm
85 Views
Post# 34286441

RE:RE:AECO $4.81 this morning

RE:RE:AECO $4.81 this morningThe information yesterday was  an email from Phil Hodge CEO , I just checked the email and it was actually 4.72 maybe that was the price he was getting not spot ,storage data from him and confirmed by RBM Energy NATGAS Billboard Report .You should get on the mailing list , also in this email was a bullish report on western Canada nat gas by Scotia bank . Phil sends this information out as he get it on a regular basis very helpfull. The report ,Cold Weather Is Boosting Western Natural Gas Markets Jan 4/22 can be goggled as well .  I also emailed him back with some questions , tried to find out the realized gas price for the fourth he wouldn't tell me that but did say it was a record quarter and a record year cash flow for PNE. He was also pumped about the 21000 per day start to 2022 and talked about looking for more acquistions , drilling ,refinancing and or paying down debt and starting the dividend in the second half of 2022. I've known this Guy for 7 years and it's the most positive i seen him.  
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