Pine Cliff Energy Ltd. (PIFYF) Research

Pine Cliff Energy Ltd., founded in Calgary, Canada, in 2004, is an energy enterprise primarily focused on discovering, developing, and producing natural gas and oil within the Western Canadian Sedimentary Basin. The company's asset portfolio encompasses significant natural gas interests in Canada's Southern and Edson regions, alongside joint oil and natural gas properties in Central Alberta's Viking Kinsella and Ghost Pine areas. Furthermore, Pine Cliff holds natural gas liquids assets across Alberta in the Sundance, Carstairs, Garrington, and Harmattan locales, as well as natural gas resources in the Cadillac area of Southern Saskatchewan. As of December 31, 2021, the firm's proved reserves were recorded at 49,112.6 thousand barrels of oil equivalent (MBOE), with total proved and probable reserves reaching 62,813.4 MBOE. In addition to its hydrocarbon operations, the company also engages in the exploration for various mineral deposits, including gold, nickel, copper, and platinum group elements, in Utah, Ontario, the Northwest Territories, and Nunavut.

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