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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 northmanon Aug 16, 2022 7:38pm
127 Views
Post# 34900854

RE:RE:PNE

RE:RE:PNE

I think the only thing we should be looking at is the level of overall capex in the industry and global nat gas demand. As long as natural gas is both demonized and essential at the same time we will do exceptionally well. 

In the short term I would normall say who knows, but with a small cap stock, debt free, low float, about to initiate a buyback I would say both short and mid (10-15yrs) are exceptionally rosy. Don't worry about a few cents here and there!

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