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Pine Cliff Energy Ltd T.PNE

Alternate Symbol(s):  PIFYF

Pine Cliff Energy Ltd. is a Canada-based natural gas and crude oil company. The Company 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, Black Butte and Eagle Butte areas. Its Edson Assets include Pine Cliff with its first core area in the Western Canadian Sedimentary Basin. It operates and sells its natural gas to the common Alberta natural gas price hub.


TSX:PNE - Post by User

Bullboard Posts
Comment by ValueSpotteron Jan 13, 2018 8:40am
149 Views
Post# 27348590

RE:RE:RE:RE:RE:RE:Some of the lowest costs and decline rates in industry

RE:RE:RE:RE:RE:RE:Some of the lowest costs and decline rates in industryMr. T. Let's chat seriously. I was invested in PNE during it's first run up. I sold out of most of the sector but kept PNE as a target. I started accumulatimg again at .44 thinking AECO spot cannot stay in the 1.70 range for thr next two years which is my investment horizon for PNE. All imdications are that they can service their debt so why not accumulate when the news is all bleak? .25 seems a little low but I AECO is negative again I guess it is possible. VS
Bullboard Posts