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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 Skylar1on Mar 08, 2023 5:14pm
317 Views
Post# 35326910

49mil debt to 55mil cash on hand in one year

49mil debt to 55mil cash on hand in one yearThis little company is doing great and you can add another 20 mil on to that  55mil after paying the first quarter dividend by march end. It is disappointing the share price is so low but give it time gas prices has a good future . I'm holding and adding fot the next few years . Congrats to Phil & Company. GLTA
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