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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

Post by Skylar1on Jan 27, 2022 11:09am
126 Views
Post# 34366630

Bullish 219 BCF drawdown US nat gas today for last week

Bullish 219 BCF drawdown US nat gas today for last weekNext week draw expected to be over 250 while Canadian gas storage sits below the 5 year average. So far weather forcast for Feb. is cold. If this continues gas should spike up to $5 or $6 and set the stage for low levels of storage for the spring thus keeping gas prices up throughout spring and summer. Sorry but i love the cold weather. GLTA
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