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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

Post by Skylar1on Mar 13, 2021 11:19am
173 Views
Post# 32792742

anyone have a guess on average AECO PRICE 1ST OF 2121

anyone have a guess on average AECO PRICE 1ST OF 2121last quarter $2.73 , they generated 8 mil adjusted funds flow so if they get $3.00 that should be another couple mil keeping in mind they were 65% non hedged for the quarter. They also have been hedging through the summer months at $2.50 and up for 2021 i was told by Mr Hodge, so this year will look a lot better than 2020. GLTA
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