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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 snowshoedbon Jul 05, 2022 8:39am
218 Views
Post# 34801256

Debt Free status

Debt Free statusCongratulations to Phil and  his management team. PNE is officially debt-free. What an amazing accomplishment. I think it might be one of the first oil companies in the Canadian sector to reach this mile stone in this current market.

Looking forward to those dividend checks every month… What a fantastic story… Desjardin was right... PNE is the little natural gas engine that could… Now it did!

Makes me think about two years ago… I wonder how chicken Little is doing? Mr. T 2020? Always Wrong?

Looks like they didn't get on that little train…
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