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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 mjh9413on Jan 27, 2022 1:18pm
89 Views
Post# 34367374

RE:RE:U.S. Natural Gas Prices Jump On High Demand...

RE:RE:U.S. Natural Gas Prices Jump On High Demand...Prices in North America are weather dependant and the pace of LNG exports. Only latter will be inflenced by what is happening in Europe and elsewhere, and it is not just Russia's role in this but the low state of reserves in places like Japan and what the diversion to Europe of shipments mean for othe countries. Then Germany ( I cannot believe their sluggishness) are just talking of new storage.
As to Canada, not only are Dawn and AECO prices supporting a bonanza revenue performance by the likes of PNE now but the futures' prices out to Feb 2023 are well above where they were a month ago at the AECO HUB.
I buy every time PNE goes below 70cents.
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