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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 > Sky isn’t falling but…
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Comment by kavern23on Feb 23, 2024 10:15pm
99 Views
Post# 35896850

RE:Sky isn’t falling but…

RE:Sky isn’t falling but…Maybe this opec s way of giving punishing the USA...the longer opec props oil prices over 70...the more it destroys the USA ng and lng industry.

Way too profitable in Permian for oil and it is going to be ugly.

Europe can cancel lng summer spot cargos and USA production cuts have to beat this.

Oversupply everywhere.
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