Pine Cliff Energy Ltd. is pleased to announce the appointment of Mr. Calvin Jacober to its Board of Directors . Mr. Jacober was most recently the Vice Chair Canada for PricewaterhouseCoopers LLP until his retirement earlier this year. Prior thereto, he was both the Managing Partner and the Assurance Leader for PwC's Calgary office, responsible for management of all aspects of PwC's Calgary office, including promoting [...]
Pine Cliff Energy Ltd. announces record second quarter financial and operating results, a 20% increase in its monthly dividend, an increase in production and CAPEX guidance and an operational update. Second Quarter 2022 Highlights Pine Cliff's adjusted funds flow of $55.8 million generated during the second quarter of 2022 was the highest quarterly adjusted funds flow for the Company since inception, surpassing the $32.3 [...]
Pine Cliff Energy Ltd. announces that it has repaid in full, all term debt and insider debt as of June 30, 2022. Pine Cliff is one of the first Canadian public oil and gas producers to be debt free. Pine Cliff also confirms that a monthly dividend of $0.0083 per common share is to be paid July 29, 2022 to shareholders of record on July 15, 2022. The ex-dividend date is July 14, 2022. This monthly cash dividend is [...]
Pine Cliff Energy Ltd. is pleased to announce all matters presented for approval at the Annual General Meeting of Shareholders on May 19, 2022 have been approved. A total of 129,235,832 common shares representing 37.66% of Pine Cliff's issued and outstanding common shares were voted in connection with the Meeting. All of the nominees proposed as directors were duly elected. Each of the nominees was elected as shown below [...]
Pine Cliff Energy Ltd. announces record first quarter financial and operating results, the declaration of a monthly dividend, repayment of debt and an operational update. First Quarter 2022 Highlights Pine Cliff's adjusted funds flow of $32.3 million generated during the first quarter of 2022 was the highest quarterly adjusted funds flow for the Company since inception. Highlights from the first quarter include: generated [...]
Pine Cliff Energy Ltd. announces its year-end financial and operating results and the filing of its 2021 disclosure documents 2021 and Fourth Quarter 2021 Highlights Pine Cliff's adjusted funds flow of $26.3 million generated during the fourth quarter of 2021 and $59.1 million for 2021 were the highest quarterly and annual adjusted funds flow for the Company since inception. Highlights from the fourth quarter and 2021 [...]
Pine Cliff Energy Ltd. announces its 2021 year-end reserves and provides an operations update and 2022 guidance. Reserve Report Highlights Pine Cliff's independent reserve report was prepared by McDaniel & Associates Limited in accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities with the effective date of December 31, 2021. Highlights of the McDaniel reserve report include: Net [...]
Pine Cliff Energy Ltd. reports that it has closed the private company acquisition announced on December 20, 2021. For further information, please contact: Philip B. Hodge - President and CEO Alan MacDonald -CFO and Corporate Secretary Telephone: 269-2289 Fax: 265-7488 Email: info@pinecliffenergy.com The TSX does not accept responsibility for the accuracy of this release. To view the source version of this press release [...]
Pine Cliff Energy Ltd. is pleased to announce that it has entered into a definitive agreement to acquire all of the issued and outstanding common shares of a privately held oil and gas company for a cash purchase price of $22.2 million, prior to working capital adjustments . The Acquisition further consolidates Pine Cliff's core Ghost Pine area and is expected to close on or before December 31, 2021 . The Acquisition will [...]
Pine Cliff Energy Ltd. is pleased to announce the filing of its third quarter financial and operating results . Selected highlights are shown below and should be read in conjunction with the Q3-Report. Third Quarter 2021 Highlights The Company benefited from AECO 5A benchmark pricing averaging $3.58 per mcf for the quarter, resulting in Pine Cliff generating positive adjusted funds flow of $13.3 million. Highlights from [...]
Pine Cliff Energy Ltd. is pleased to announce the filing of its second quarter financial and operating results. Included in the filings were Pine Cliff's unaudited interim condensed consolidated financial statements and related management's discussion and analysis for the three and six months ended June 30, 2021 . Selected highlights are shown below and should be read in conjunction with the Q2-Report. Second Quarter 2021 [...]
Pine Cliff Energy Ltd. is pleased to announce all matters presented for approval at the Annual and Special Meeting of Shareholders on May 19, 2021 have been approved. A total of 127,921,923 common shares representing 38.05% of Pine Cliff's issued and outstanding common shares were voted in connection with the Meeting. All of the nominees proposed as directors were duly elected. Each of the nominees was elected as shown [...]
+16,39 %
+0,68 %
0,00 %
-77,24 %