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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

Comment by snowshoedbon Jun 23, 2021 12:27pm
66 Views
Post# 33434685

RE:Nat gas $3.38 USD

RE:Nat gas $3.38 USD Rightagain = Mr T2020 = Chicken Little = Sky is Falling = ... got all his past posts so I can remind him all summer of his past rantings.

Moving back to markets (away from morons)... remember every 10 cents/Q in AECO = $900k/Q of additional cash flow for PNE. PNe retains about 80-85% of all price increases for unhedged production. Traditionally Q2 is the worst quarter for Nat Gas companies. This will be a good quarter for all. Injection in Alberta are running at 50% of last year setting Alberta up for abnormally low storage levels following this injection season... The winter set up looks awesome!

Hey "MoronAgain"... laughing at you Hahaha... all summer long! 
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