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.

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Pine Cliff Energy Ltd > 7-year high for NG today!

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Post by zack50on Sep 08, 2021 4:02pm

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Post# 33826047

7-year high for NG today!

NG is now at a 7-yr high, closing today at $4.92... it hasn't been at this price since February, 2014. It is worthy to note that NG usually spikes around February, so if this holds true for 2022 we will see additional increases.

Shut-ins and low storages in the US, UK and Europe are causing mounting concerns about tight supplies and will no doubt have a high impact on the price going forward.

Also, for what it's worth, the Farmers Almanac is forcasting an extremely cold, nasty winter... it's being termed the "season of shivers"... this will in turn create a high demand for NG and will support the rising price trend.

Today's close is at $4.92... for anyone interested, here's the closing Level 11 Quote chart.

Real-time

Last:

0.55

Change:

0.04

Volume:

2,460,130

Last Trade:

15:59

**Level ll Quote**
Bid			Ask
Price	Total Size	# of Orders	Price	Total Size	# of Orders
$0.55	20500	2	$0.56	76500	4
$0.53	54000	5	$0.57	102000	2
$0.52	29000	4	$0.58	160000	3
$0.51	2500	2	$0.59	127000	2
$0.50	42500	4	$0.60	52000	7
$0.49	1000	1	$0.61	1500	1
$0.48	25000	1	$0.62	51000	2
$0.47	2000	1	$0.65	53000	4
$0.465	22000	1	$0.68	6000	1
$0.46	35000	1	$0.69	15000	2