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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 > Q2 - Cash Position - Q3 & Q4 Decisions to make
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Comment by jjgreyon Jun 11, 2021 6:37pm
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Post# 33376707

RE:Q2 - Cash Position - Q3 & Q4 Decisions to make

RE:Q2 - Cash Position - Q3 & Q4 Decisions to make
Shoe I agree on the debt paydown as #1. I believe they will generate closer to $10 mm in cash this quarter with current Aeco prices nicely above 3.00. Strip price look great already for the remainder of CAL21
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