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Pine Cliff Energy Ltd. Announces Record Annual Results, Filing of 2022 Disclosure Documents, 2022 Year-End Reserves, and Provides 2023 Guidance

Calgary, Alberta (Newsfile Corp. - March 7, 2023) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") announces its year-end financial and operating results, the filing of its 2022 disclosure ....

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Pine Cliff Energy Ltd. Announces 2021 Year-End Reserves and Provides Operations Update and 2022 Guidance

Calgary, Alberta (Newsfile Corp. - February 8, 2022) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") announces its 2021 year-end reserves and provides an operations update and 2022 ....

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Pine Cliff Energy Ltd. Provides Operations Update and Announces 2020 Year-End Reserves and 2021 Guidance

Pine Cliff Energy Ltd. Provides Operations Update and Announces 2020 Year-End Reserves and 2021 Guidance
TSX: PNE) (
Pine Cliff or the
Company ) is pleased to provide an operations update and to announce its 2020 year-end reserves and 2021 guidance.
Operations Update
Pine Cliff s fourth quarter 2020 production averaged 19,130 Boe per day, weighted 91% to natural gas. This resulted in the average production for the year being 19,005 Boe per day, exceeding the Company s 18,500 to 19,000 annual 2020 guidance range. This production was achieved with the Company only spending $2.3 million on development drilling in 2020. Stable natural gas prices and the ability to produce natural gas into storage uninterrupted during 2020 enabled Pine Cliff to maximize production rates in 2020. ....

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