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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.


TSX:PNE - Post by User

Pine Cliff Energy Ltd > From HFI Research... May 2/24
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Comment by MrT2020on May 04, 2024 3:26pm
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Post# 36023452

RE:From HFI Research... May 2/24

RE:From HFI Research... May 2/24Fundamentally they need rigs  to go to zero , so down one or two a week is nothing . They need oil production with its associated gas to drop 1 or 2 million barrels . Neither zero rigs or oil cuts will happen so ... pine cliff is dead money for the long term ... do not buy dry gas names !
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