Pine Cliff Energy Ltd. Announces 2019 Year-End Reserves and 2020 Guidance
Calgary, Alberta--(Newsfile Corp. - February 12, 2020) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff", or the "Company") 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 ("McDaniel") in accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities ("NI 51-101") with the effective date of December 31, 2019. Pine Cliff conducted a...
2020-02-12 7:17 PM EST
Pine Cliff Energy Ltd. Provides Operational Update
Calgary, Alberta--(Newsfile Corp. - January 21, 2020) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff", or the "Company") 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 ("13-33") targeting the Pekisko formation in Central Alberta came on production on January 18, 2019, and has averaged 249 Boe/d (111 Bbl/d oil, 27 Bbl/d natural gas liquids and 666...
2020-01-21 6:13 PM EST
Pine Cliff Energy Ltd. Announces Management Update
Calgary, Alberta--(Newsfile Corp. - December 3, 2019) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") 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,...
2019-12-03 6:25 PM EST
Pine Cliff Energy Ltd. Grants Stock Options
Calgary, Alberta--(Newsfile Corp. - November 8, 2019) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff") 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...
2019-11-08 5:29 PM EST
Pine Cliff Energy Ltd. Announces Third Quarter 2019 Results
Calgary, Alberta--(Newsfile Corp. - November 5, 2019) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") 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, 2019 (the "Q3-Report"). Selected highlights are shown below and should be read in...
2019-11-05 8:10 PM EST
Pine Cliff Energy Ltd. Announces Refinancing of Existing Promissory Notes
Calgary, Alberta--(Newsfile Corp. - October 1, 2019) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") is pleased to announce that it has entered into an agreement to refinance its existing $30 million in promissory notes due on September 30, 2020. Additionally, Pine Cliff has extended the term of its subordinated debt with insiders of the Company totaling $12 million (the "Insider Debt"). Refinancing of Notes Pine Cliff has entered into a credit agreement with Alberta...
2019-10-01 7:58 PM EDT
Pine Cliff Energy Ltd. Announces Second Quarter 2019 Results
Calgary, Alberta--(Newsfile Corp. - August 6, 2019) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") 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, 2019 (the "Q2-Report"). Selected highlights are shown below and should be read in...
2019-08-06 6:17 PM EDT
Pine Cliff Energy Ltd. Announces Closing of Strategic Acquisition, CDE Flow-Through and Common Share Equity Financings
Calgary, Alberta--(Newsfile Corp. - June 3, 2019) - Pine Cliff Energy Ltd. (TSX: PNE
2019-06-03 8:30 AM EDT
Pine Cliff Energy Ltd. Announces Results of Shareholders' Meeting and Annual Stock Option Grant
Calgary, Alberta--(Newsfile Corp. - May 16, 2019) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") is pleased to announce all matters presented for approval at the annual and special meeting of shareholders on May 15, 2019 (the "Meeting") have been approved. A total of 112,989,395 common shares representing 36.80% 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 and...
2019-05-16 6:35 PM EDT
Pine Cliff Energy Ltd. Announces Completion of its Borrowing Base Review
Calgary, Alberta--(Newsfile Corp. - May 14, 2019) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") has completed its semi-annual borrowing base review and has entered into a Restated Credit Agreement with its banking syndicate of Canadian Financial Institutions (the "Syndicate") for a $5.0 million revolving credit facility, consisting of a $2.7 million operating facility and $2.3 million syndicated facility (the "Credit Facility"). The Credit Facility matures on July 28,...
2019-05-14 6:10 PM EDT
Pine Cliff Energy Ltd. Announces First Quarter 2019 Results
Calgary, Alberta--(Newsfile Corp. - May 8, 2019) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") 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, 2019 (the "Q1-Report"). Selected highlights are shown below and should be read in conjunction with the...
2019-05-08 6:12 PM EDT
IIROC Trade Resumption - Pine Cliff Energy Ltd.
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2015) - Trading resumes in: Company: Pine Cliff Energy Ltd.
2015-12-11 4:10 PM EST
IIROC Trade Halt - Pine Cliff Energy Ltd.
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2015) - The following issues have been halted by IIROC: Company:
2015-12-11 3:05 PM EST
IIROC Trade Resumption - Pine Cliff Energy Ltd.
Vancouver, British Columbia--(Newsfile Corp. - November 10, 2015) - Trading resumes in: Company: Pine Cliff Energy Ltd.
2015-11-10 8:09 AM EST
IIROC Trade Halt - Pine Cliff Energy Ltd.
Vancouver, British Columbia--(Newsfile Corp. - November 9, 2015) - The following issues have been halted by IIROC: Company:
2015-11-09 3:47 PM EST
IIROC Trade Resumption - Pine Cliff Energy Ltd.
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2014) - Trading resumes in: Company: Pine Cliff Energy Ltd.
2014-07-29 1:58 PM EDT
IIROC Trade Halt - Pine Cliff Energy Ltd.
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2014) - The following issues have been halted by IIROC: Company:
2014-07-29 1:06 PM EDT
IIROC Trade Resumption - Pine Cliff Energy Ltd.
Vancouver, British Columbia--(Newsfile Corp. - July 18, 2014) - Trading resumes in: Company: Pine Cliff Energy Ltd.
2014-07-18 8:10 AM EDT
IIROC Trade Halt - Pine Cliff Energy Ltd.
Vancouver, British Columbia--(Newsfile Corp. - July 17, 2014) - The following issues have been halted by IIROC: Company:
2014-07-17 3:01 PM EDT