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Pine Cliff Energy Operational Update, Guidance
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Pine Cliff Energy Ltd. has provided an operations and management update and announce its 2015 guidance.
Operations UpdatePine Cliff exited 2014 with production of approximately 12,000 barrels of oil equivalent (Boe) per day, which was also the average production for the fourth quarter, based on field estimates. During the fourth quarter of 2014, Pine Cliff closed the previously announced purchase of assets in Southern Alberta and Saskatchewan and drilled, completed and tied-in 2 gross (0.575 net) liquids rich natural gas wells in the Carrot Creek / Edson core area.
Management UpdatePine Cliff is pleased to announce the promotions of Kristi Kunec to the position of Chief Financial Officer and Corporate Secretary and Terry McNeill to the position of Chief Operating Officer, effective…
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