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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 mjh9413on Nov 16, 2022 11:03pm
170 Views
Post# 35105592

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

RE:RE:RE:What's not to like about PNE...Natgas price is supply/demand based. If Cdn gas flowing to LNG exports in States from likes of TOU and winter is cold, cold, then we can see prices in $5 to $7 range. I see my bill has gone from $3.08/Gj last Nov to $5.09 this Nov. I'm in gas stocks like PNE to pay my gas bills!!! And I like the way PNE is using hubs to get whateer pricing advantage it can.
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