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.

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Pine Cliff Energy Ltd > No Support

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Comment by kavern23on Mar 12, 2024 8:24am

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Post# 35928021

RE:RE:RE:RE:RE:RE:RE:RE:No Support

Rex let's look at facts my comments are relevant cause on ygr board last fall...I said pne was one of the best short positions I had ever seen at 1.40....it was riskless profit as it was for sure going to drop a lot. Rex it is under 1 dollar...I wasn't wrong.

You state pne capex is 17.5m...have you considered it is that small cause pne can't afford any higher?

I do understand Certus assets and they are not like the past stuff pne bought.

Here the deal Rex....pne funds flowed 9.7m in q4 at 2.56 ng price received. Even with 22 perecent hedged they won't get 2.56 ng prices in 2024.

under 70 cents is coming by summer watch and sadly you will see.

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