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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 > Gas prices rise with arrival of June heat
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Post by snowshoedbon Jun 01, 2021 8:19am
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Post# 33301786

Gas prices rise with arrival of June heat

Gas prices rise with arrival of June heat

Expecting to see continued rise in gas prices and resulting continued appreciation of TOU and PNE. The current strengthening gas price could put another 5 million in PNEs bank account at the end of Q2. 

Question is what will PNE do with the 20 million they will have?

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