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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 Mar 09, 2022 12:34am
137 Views
Post# 34498156

RE:What more could we want in 2022...

RE:What more could we want in 2022... Disappointed that Q4 CF not higher but, yes.2022? Acqun late Dec close so added volumes signifcant plus in Q1 (results out ealy May) and onwards. Seem to have a just less than 1/2 both gas and oil somewhat favorably hedged to Oct 2022. They sure payt themselves well with cash and options but what's new in the oil industry,eh. No interest in divvy. Far too many shares o/s to maake it but a mere pittance. Will be interesting how sp behaves.
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