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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 Skylar1on Aug 11, 2021 12:16pm
105 Views
Post# 33685148

RE:RE:PNE Projected Funds Flow - 12 Month Strip

RE:RE:PNE Projected Funds Flow - 12 Month StripI did ask and the remainder of the July 2022 debt will be paid off this fall and the 30 mil will be looked at in 2022 , i took it to be let's see where we are this winter with cash flow. The two oil wells are drilled and is expected to be producing in Sept. I also asked why Bob Disbrow was selling shares. He owns 30 mil personally and 12 mil for clients and the selling is for the clients but he has to report the sale in his name . 

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