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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 Nov 14, 2022 7:41pm
198 Views
Post# 35098385

RE:RE:RE:What's not to like about PNE...

RE:RE:RE:What's not to like about PNE...I don't think it's fair to judge natural gas by a single season, nor by a single recession or market cycle. The long term bull case for natural gas is insane, specifically WCSB natural gas. Will we see $2.50 AECO again? Who knows. But increasing dependency, increasing export capacity, and continued underinvestment tell me that if we do then folks should empty their bank accounts again and buy more PNE!
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