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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 snowshoedbon Aug 21, 2024 3:38pm
79 Views
Post# 36190544

RE:RE:RE:RE:RE:RE:RE:RE:Phil Hodge and Team

RE:RE:RE:RE:RE:RE:RE:RE:Phil Hodge and TeamMr Little:

Some of you statments about the current market are exagerated. But I agree that storage is likely going to get full... not more than Full. When it is Full AECO will go to Zero or negative.

You will be out there clucking away and letting everyone know that the sky is falling. Nat Gas companies will be in the tank and prices will be dramatically depressed.

Skylar et al will continue to analize the market trying to figure out when the market will turn... Hopefully we will make a good decision about when to load up on stock and which companies are the best targets.

The last cycle the gas price was in general decline for 15 years (2005 to 2020). We bought in in 2019 and sold in 2021-22.

When blood is in the street... you'll be yelling about how the world will come to an end. We will be busy making investments to catch the next cycle. It is in the analysis that we will find the opportunity.

I feel sad that this logic and pragmatic approach is beyond comprehension for some.


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