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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 bandit69on Sep 17, 2021 11:07pm
107 Views
Post# 33882572

RE:RE:Interview with CEO with Peters & Co on website

RE:RE:Interview with CEO with Peters & Co on website
blackdog wrote: Well worth watching; has answers to the questions continually asked here.

https://www.pinecliffenergy.com/investor-relations/overview/media

Slide 9 tells me that even at AECO CA$4 we might be very surprised at the size of the dividend; and at the stock valuation that would flow from that.  If any of the more aggressive projections come to pass, well...


Thanks for that video. It was good. Agreed it is pretty clear a divi is coming. As I mentioned a .10 annual dividend isn't unreasonable as it's only about 33MM. They may even exceed that. Not only do shareholders want that return but I am quite sure insiders will enjoy it too after the long journey to get to this point. Looking good.
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