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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 Jan 26, 2022 7:58am
93 Views
Post# 34361312

RE:RE:Interesting weeks ahead !!! Insiders very active !

RE:RE:Interesting weeks ahead !!! Insiders very active !Disbrow is not involved in the management of the company and is considered a insider because his company owns debt and about 40 mil shares. When he buys or sells shares it's usually for his clients . The real insiders have traded very little in shares the past years. If you look back it was Disbrow's clients who sold all the way up from .30 to .90 and are buying now at higher prices. As for cash flow AECO spot has averaged over $4.00 the past four months , what we don't know is how much over the spot PNE got , they do make forward month deals when spot is high . We were told the fourth and 2021 will be records . So we wait and hope the cold weather continues remember It's still Jan. lots of winter to come. GLTA
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