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Bullboard - Stock Discussion Forum 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... see more

TSX:PNE - Post Discussion

Pine Cliff Energy Ltd > Canadian NG Storage Levels
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Post by bandit69 on Dec 14, 2021 9:44pm

Canadian NG Storage Levels

They do not seem to publish this info from what I can see.  Does anyone know what levels look like and re-fill rates?

Cold weather is here and I just do not think there is an abundance of over production at this point?
Comment by mjh9413 on Dec 15, 2021 1:32am
Can't seem to get the statscan numbers since their cyberattack (it was Table 25, 2510-0055-01 Supply and disposition of natgas, monthly data) .but taking 20016/2017 numbers from another report on storage in E and W Canada where the starting points of Nov storage are similar toOct 2021, the following happened: Incr in May to Sep 2016 was + 130 for East and + 98 for West, followed by ...more  
Comment by bandit69 on Dec 15, 2021 10:17am
Thanks for the info.  Agreed, compartive periods are not as influential for natgas in my view either since natgas is so dependent on weather patterns.  But, it's also nice to have a larger picture for my own morbid curiosity.  thanks again.
Comment by Skylar1 on Dec 15, 2021 10:28am
I'm looking at a graph from Pembina Pipeline / DOB report as of end of november 21, inventories below normal, crude oil bottom of 5 year average, aeco mid range of 5 year, and propane bottom of 5 year,  so a cold spell will serve us well. Don't see the drawdowns , i assume there are substanstial draws the last couple weeks.  Pembina Pipeline put out an article last week (very ...more  
Comment by bandit69 on Dec 15, 2021 6:47pm
thanks for the info.  It seems like winter is here most places now so it will be interesting to see how NG will respond.
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