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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 Dec 15, 2021 10:28am
88 Views
Post# 34232529

RE:Canadian NG Storage Levels

RE:Canadian NG Storage LevelsI'm looking at a graph from Pembina Pipeline / DOB report as of end of november 21, inventories below normal, crude oil bottom of 5 year average, aeco mid range of 5 year, and propane bottom of 5 year,  so a cold spell will serve us well. Don't see the drawdowns , i assume there are substanstial draws the last couple weeks.  Pembina Pipeline put out an article last week (very enlightening ) on the billion $ investment in western Canada . 
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