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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 zack50on Jun 08, 2022 12:44pm
141 Views
Post# 34740729

Natural Gas... One Year

Natural Gas... One Year

Natural gas is one of the strongest bull markets in the world today, with prices rising more than 100% year-to-date, and nearly 200% in the last year:

Global energy shortages and the need for cleaner burning energy creates a special role for natural gas within the green energy transition. Natural gas produces 50% less CO2 than coal and 30% less than oil. Large integrated natural gas producers are generating record profits and the outlook for the energy sector looks stronger than ever. 

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