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 > Strategic Acquisition, Update on Fourth Quarter Drilling Prg

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Comment by Scotchlight1001on Dec 20, 2021 8:53pm

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Post# 34248917

RE:RE:Strategic Acquisition, Update on Fourth Quarter Drilling Prg

I note daily production volume is estimated to be 21,000 boe/day (89% gas).This compares to Peyto at 89,000, Whitecap at 102,000 and Crescent Point at 132,000.

How much production is needed to sustain a dividend for the second half of 2022? They have not indicated the estimated amount.

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