Pine Cliff Energy Ltd.: directors' dealings · Canada · SEDI

About Pine Cliff Energy Ltd.

Pine Cliff Energy Ltd. is a Canadian upstream energy company listed on the TSX in Toronto under the ticker PNE, operating from its head office in Calgary, Alberta, Canada. The company is engaged in the exploration, development and production of natural gas, crude oil and natural gas liquids, with a business model that is heavily weighted toward natural gas. Pine Cliff presents itself as a long-life, low-decline producer in Western Canada, a profile that typically appeals to investors looking for cash-flow visibility, dividend support and operational discipline rather than aggressive high-growth drilling. ([pinecliffenergy.com](https://www.pinecliffenergy.com/contact-us?update=president-report&utm_source=openai)) From a historical standpoint, the company says it scaled from roughly 100 boe/d in 2012 to more than 20,000 boe/d through a combination of counter-cyclical acquisitions, low-risk development and selective capital deployment. Its asset base is concentrated in the Western Canadian Sedimentary Basin, with operating areas in Alberta and Saskatchewan. Pine Cliff’s operations are structured around conventional gas-weighted assets with low production decline, which allows the company to maintain output with relatively modest capital spending and to focus on recompletions, targeted drilling and accretive acquisitions. ([pinecliffenergy.com](https://www.pinecliffenergy.com/operations?utm_source=openai)) In terms of market positioning, Pine Cliff is a mid-sized Canadian producer rather than a large integrated energy player. Its competitive edge lies in its low-decline asset base, insider ownership, and a stated emphasis on shareholder returns through dividends and disciplined capital allocation. The company also markets natural gas across multiple hubs, including AECO, Aden, TEP, Dawn and Empress, which helps diversify pricing exposure within its core Western Canadian gas franchise. ([pinecliffenergy.com](https://www.pinecliffenergy.com/operations?utm_source=openai)) Recent developments remain focused on balance-sheet management, reserve life and incremental operational execution. On March 4, 2026, Pine Cliff reported 2025 annual results, including reduced net debt of C$49.6 million, average annual production of 20,763 boe/d and updated reserve disclosures, while also declaring a dividend. In March 2026, it announced first production results from a recently completed Glauconite well in the Caroline area of central Alberta and a monthly dividend declaration. Earlier, in January 2025, Pine Cliff disclosed a natural gas supply agreement for an Alberta data centre project, a notable example of commercial diversification linked to emerging local energy demand. ([pinecliffenergy.com](https://www.pinecliffenergy.com/news/pine-cliff-energy-ltd-announces-2025-annual-results-filing-of-disclosure-documents-annual-reserves-dividend-declaration-and-corporate-outlook?utm_source=openai))