Pine Cliff Energy Ltd. Stock Analysis PNE.TO

Pine Cliff Energy Ltd. engages in the acquisition, exploration, development, and production of oil and natural gas. The company is headquartered in Calgary, Alberta and currently employs 96 full-time employees. The company went IPO on 2005-04-11. The firm is engaged in the acquisition, exploration, development and production of natural gas and oil in the Western Canadian Sedimentary Basin and also conducts various activities jointly with others. The firm's operating areas include Central Assets, Edson Assets and Southern Assets. Its Central Assets include the Ghost Pine and Viking Kinsella areas of Central Alberta. Its Southern Assets include the Monogram unit, Many Islands / Hatton properties, Pendor, Black Butte and Eagle Butte areas. Its Edson Assets include Pine Cliff, with its first core area in the Western Canadian Sedimentary Basin. The company operates and sells its natural gas to the common Alberta natural gas price hub.