Pine Cliff Energy Ltd. is pleased to announce its year-end financial and operating results and the filing of its 2020 disclosure documents. Included in the filings were Pine Cliff's annual information form , which includes disclosure and reports related to reserves data and other oil and gas information pursuant to National Instrument 51‐101 Standards of Disclosure for Oil and Gas Activities and its consolidated financial [...]
Pine Cliff Energy Ltd. 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 [...]
Pine Cliff Energy Ltd. is pleased to announce the filing of its third 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 nine months ended September 30, 2020 . Selected highlights are shown below and should be read in conjunction with the Q3-Report. Third Quarter [...]
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, 2020 . Selected highlights are shown below and should be read in conjunction with the Q2-Report. Second Quarter 2020 [...]
Pine Cliff Energy Ltd. is pleased to announce all matters presented for approval at the annual meeting of shareholders on May 21, 2020 have been approved. A total of 99,008,064 common shares representing 30.21% 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, including Ms. Jacqueline R. Ricci. Ms. Ricci has been a [...]
Pine Cliff Energy Ltd. is pleased to announce the filing of its first 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 months ended March 31, 2020 . Selected highlights are shown below and should be read in conjunction with the Q1-Report. First Quarter 2020 [...]
Pine Cliff Energy Ltd. is pleased to announce its year-end financial and operating results and the filing of its 2019 disclosure documents. Included in the filings were Pine Cliff's annual information form , which includes disclosure and reports related to reserves data and other oil and gas information pursuant to National Instrument 51‐101 Standards of Disclosure for Oil and Gas Activities and its consolidated financial [...]
Pine Cliff Energy Ltd. is pleased to provide an update on its Pekisko oil development program which continues to demonstrate encouraging results. Pekisko Oil Development Program Update Following up on the drilling of its initial horizontal oil well in the fourth quarter of 2018, Pine Cliff drilled two gross Pekisko horizontal oil wells during the fourth quarter of 2019. The first of these two wells came on production on [...]
Pine Cliff Energy Ltd. is pleased to announce 2019 year-end reserves and 2020 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, 2019. Pine Cliff conducted a $10.3 million capital program in 2019 . Development capital [...]
Pine Cliff Energy Ltd. is pleased to provide an update on its Pekisko development program which continues to demonstrate encouraging results. Pekisko Development Program Update Pine Cliff's first horizontal oil well targeting the Pekisko formation in Central Alberta came on production on January 18, 2019, and has averaged 249 Boe/d through the first 365 days of production. Two additional Pekisko wells were drilled in the [...]
Pine Cliff Energy Ltd. announces the resignation of Cheryne Lowe, Pine Cliff's Chief Financial Officer and Corporate Secretary to pursue other opportunities, effective December 4th, 2019. The Company would like to thank Ms. Lowe for her leadership and contributions and wish her all the best in the future. The Company has appointed Alan MacDonald Chief Financial Officer and Corporate Secretary, effective December 4, 2019 [...]
Pine Cliff Energy Ltd. announces that it has granted an aggregate of 5,463,768 stock options to its directors, officers and employees, of which 2,880,350 were granted to its directors and officers. The stock options vest between one to three years, have an exercise price of $0.145 per share and will expire between November 8, 2021 and November 8, 2023. As of the date hereof and after the grant of the options described [...]
+100,00 %
-13,11 %
