Pine Cliff Energy Ltd. has declared a regular monthly dividend of $0.00125 per common share to be paid June 30, 2025, to shareholders of record on June 16, 2025. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice. Renewal and Extension of Debt Facilities Pine Cliff is pleased to announce it has finalized the renewal of its demand [...]
Pine Cliff Energy Ltd. is pleased to announce all matters presented for approval at the Annual and Special Meeting of Shareholders on May 20, 2025 have been approved. A total of 134,450,284 common shares representing 37.51% of Pine Cliff's issued and outstanding common shares were voted in connection with the Meeting. Each of the six nominees proposed by Pine Cliff and as set out in the Information Circular - Proxy [...]
Pine Cliff Energy Ltd. announces its first quarter 2025 financial and operating results, May dividend declaration and information regarding the annual meeting of shareholders. First Quarter 2025 Summary Highlights Generated $11.5 million of adjusted funds flow1 for the three months ended March 31, 2025, an increase from $10.5 million for the same period last year; Reduced net debt1 by $3.5 million or 6% to $58.8 million [...]
Pine Cliff Energy Ltd. is pleased to announce a 2025 capital spending program of approximately $23.5 million. This includes $12.5 million dedicated to strategic drilling in its core Central Alberta area, with the balance allocated for facilities maintenance and asset retirement obligations. Reallocating Capital to Support Drilling Program In 2024, Pine Cliff halted its development drilling program while Canadian gas [...]
Pine Cliff Energy Ltd. announces its 2024 annual results, filing of disclosure documents, year-end reserves and dividend declaration. Q4 2024 and 2024 financial highlights include: Generated $8.6 million and $38.0 million of adjusted funds flow1 for the three months and year ended December 31, 2024 compared to $9.7 million and $58.7 million for the same periods in 2023; Production averaged 22,738 Boe/d2 and 23,248 Boe/d3 [...]
Pine Cliff Energy Ltd. has declared a regular monthly dividend of $0.005 per common share to be paid February 28, 2025, to shareholders of record on February 14, 2025. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice. 2024 Year-End Results Webcast Pine Cliff will host a webcast at 9:00 AM MDT on Thursday March 6th, 2025 [...]
Pine Cliff Energy Ltd. is pleased to announce that it has entered into definitive agreements with a private company for the supply of between 3.2 MMcf/d1 and 4.8 MMcf/d1 of natural gas for an initial term of 25 years pursuant to a natural gas supply agreement . PrivateCo has agreed to construct and operate a data centre not connected to the Alberta electrical grid, adjacent to an operating Pine Cliff facility in Central [...]
Pine Cliff Energy Ltd. has declared a regular monthly dividend of $0.005 per common share to be paid January 31, 2025, to shareholders of record on January 15, 2025. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice. About Pine Cliff Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder [...]
Pine Cliff Energy Ltd. has declared a regular monthly dividend of $0.005 per common share to be paid December 31, 2024, to shareholders of record on December 16, 2024. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice. On November 29, 2024, Pine Cliff extended a temporary increase in its demand loan with a Canadian chartered [...]
Pine Cliff Energy Ltd. announces its third quarter 2024 financial and operating results and a guidance update for 2024. Third Quarter 2024 Results Generated $8.1 million and $29.4 million of adjusted funds flow1 for the three and nine months ended September 30, 2024, compared to $17.1 million and $49.0 million for the comparable periods in 2023; Production averaged 22,546 Boe/d2 and 23,3633 Boe/d for the three and nine [...]
Pine Cliff Energy Ltd. has declared a regular monthly dividend of $0.005 per common share to be paid November 29, 2024, to shareholders of record on November 15, 2024. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice. Third Quarter 2024 Results Webcast Pine Cliff will host a webcast at 9:00 AM MDT on Thursday November 14th [...]
Pine Cliff Energy Ltd. has declared a regular monthly dividend of $0.005 per common share to be paid October 31, 2024, to shareholders of record on October 15, 2024. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice. About Pine Cliff Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder [...]
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