Exploration & Production | Reserves
Pine Cliff Adds to Reserves Following 2014 Acquisitions
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Pine Cliff Energy Ltd. has announced its 2014 year-end reserves.
Pine Cliff's independent reserve report was prepared by McDaniel & Associates Limited in accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities with the effective date of December 31, 2014.
As a result of two acquisitions in 2014, Pine Cliff is pleased to report significant increases in its reserve base in 2014. The increases are mainly a result of the acquisition of certain liquids rich natural gas assets in the Carrot Creek /Edson area of Alberta in August 2014 and certain natural gas assets in Southern Alberta and Southern Saskatchewan in October 2014.
Highlights of Pine Cliff's reserves for the 2014 year include:
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
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