Impact: Neutral as the increase in reserves was in line with expectations given the acquisition activity in the year, with Pine Cliff continuing to focus on its strategy of acquiring low cost, low decline natural gas assets as opposed to organic drilling efforts.
12 Feb 2016
PINE CLIFF ENERGY LTD. (PNE) ANNOUNCES MORE THAN 120% INCREASE IN 2015 YEAR-END RESERVES
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PINE CLIFF ENERGY LTD. (PNE) ANNOUNCES MORE THAN 120% INCREASE IN 2015 YEAR-END RESERVES
Pine Cliff Energy Ltd. (PNE:TSE) | 0 0 0.0% | Mkt Cap: 92.1m
- Published:
12 Feb 2016 -
Author:
Michael Hearn -
Pages:
2
Impact: Neutral as the increase in reserves was in line with expectations given the acquisition activity in the year, with Pine Cliff continuing to focus on its strategy of acquiring low cost, low decline natural gas assets as opposed to organic drilling efforts.