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Pine Cliff Energy Ltd T.PNE

Alternate Symbol(s):  PIFYF

Energy Oil & Gas E&P
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

Pine Cliff Energy Ltd > absolutely stellar quarter
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Comment by mjh9413on Aug 04, 2022 12:50am
196 Views
Post# 34870188

RE:absolutely stellar quarter

RE:absolutely stellar quarterYep looked good even without Edson Impairment reversal (non-cash) but those perpetual fixed price AECO contracts (currently 30,100mcf/day out to October 2022 at about $3.78, which contributed to overall 10% less than AECO avarage price in latest qtr., always makes me interested in learning who the counterparty might be...mainly, is it an arm's length party.  Oh well...
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Dealroom for high-potential pre-IPO opportunities