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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 > Nobody cares
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Comment by TheRexmemberon May 21, 2024 1:17am
171 Views
Post# 36049395

RE:RE:RE:RE:RE:Nobody cares

RE:RE:RE:RE:RE:Nobody cares

At some point they have an egress problem. This is the aggravating part of LNG - the chicken and egg.  Get gas production up to fill facilities, bottlenecks ruin pricing or cause a shortage. 

I wonder how much gas PNE is directing into Montana right now. Montana gas is probably indexed to a different hub. 

The one thing they haven't spent much effort on is marketing the gas. 

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