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Pine Cliff Energy Ltd T.PNE

Alternate Symbol(s):  PIFYF

Energy Oil & Gas E&P
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

Pine Cliff Energy Ltd > Natgas not moving up
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Comment by AboveBoardon Mar 23, 2023 7:02pm
153 Views
Post# 35357574

RE:Natgas not moving up

RE:Natgas not moving up

Just a few comments.  
Natural gas surplus growing?  Oil?  How low will prices go?

Controlled puppet Governments over spending for years?  

Inflation still high.  

Interest rate increased to a questionable level?
Taxes up.  
Bank failures.
Talk of more bank failures...ouch.  

Will 2023 parallel 2008/2019?  Better?  Worse?  

What will happen going forward?  How ugly will it get?

I do like PNE.  

I will wait to see how things play out on the macro level.  Enjoy the show.  You may want to cover your eyes?

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