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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 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

Pine Cliff Energy Ltd
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Post by snowshoedbon Feb 11, 2021 4:07pm
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Post# 32543900

Funds Flow & Free Cash Flow

Funds Flow & Free Cash Flowit will be interesting to see what PNE has been upto during this current Q4 period. I'm expecting higher CAPEX of 2.5 million and funds flow of 3.8 million and FCF of 1.3 million. I hope they are increasing production above forecast 2021 of 18,300 BOE.
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