CURRENT SNAPSHOT CORPORATE PROFILE Listing TSX-V: PNE Shares Issued 200.2 million Market Capitalization 200.2 million(1) Directors and Officers Ownership 18.4% 2013 Production Guidance 4,350-4,850 boe/d 2014 Production Guidance…
A VALUE DRIVEN FOCUS The Pine Cliff team has an exceptional track record of delivering superior long-term results for stakeholders We have a long-term view of value creation, therefore our focus is to acquire assets that are out of…
A UNIQUE, COUNTER-CYCLICAL STRATEGY BUILDING A FAMILIAR MODEL Pine Cliffs Chairman and largest shareholder, George Fink, served the same roles with both Bonterra Energy and Comaplex Minerals - Five out of six of Pine Cliffs Board of…
A FOCUS ON HIGH RETURN ASSETS ASSEMBLING A PORTFOLIO OF HIGH-QUALITY PROPERTIES FOR LONG-TERM VALUE 2014 continues to look like a strong buyers market - Disposition processes have been announced by Encana, Devon, Talisman, Penn West,…
KEY MILESTONES Market Cap Share Price Closed common share offering 280,000,000 for gross proceeds of 20.0 1.40 Realized its security and million at 1.10 per share became the sole shareholder of Skope Closed acquisition of…
INNOVATIVE & ACCRETIVE ACQUISITIONS CARROT CREEK MARCH 2012 950 boe per day of liquid rich gas production with multi-zone drilling inventory Included key infrastructure in area 23.5 million cash purchase Acquisition metrics: 21,400…
2014 GUIDANCE 2014 Capital Budget and Guidance Capital budget of 12.5 million 5 gross (1.7 net) wells planned in Carrot Creek 6,100-6,500 boe per day (94% natural gas) -9-
CARROT CREEK CORE AREA Multi-Zone Area Targeting Fernie Sand, Gething/Ellerslie, Lower Mannville, Notikewin, Ostracod, Rock Creek, Viking and Wilrich Average Working Interest 34%; Production is 90% operated Land 56.25 gross…
SOUTHERN ALBERTA CORE AREA Multi-Zone Area Targeting upper Cretaceous Milk River, Medicine Hat and Second White Specks Average Working Interest 94% Land 725 gross sections; 464,230 gross acres (435,835 net acres) Low Decline…
HIGHLY LEVERAGED TO NAT GAS PRICING ANNUAL FUNDS FLOW PER SHARE (1)(2) Q3-2013 Funds flowFunds Flowoutstanding per share per share outstanding (annualized) (annualized) 0.16 0.14 Q3-2013: Gas price of 2.45/mcf and Funds…
PINE CLIFF VS. NATURAL GAS 40% Pine Cliff Natural Gas (NYMEX) 30% 20% 10% 0% -10% -20% 2013 April June October 2014 Source: TSX Market Data / Thomson Reuters Pine Cliffs stock price has served as a…
NATURAL GAS OUTLOOK U.S. Dry Natural Gas Consumption by Sector U.S. Natural Gas Demand Growth in (2005-2040) (trillion cubic feet) Electric Power Sector bcf/d 5.0 4.3 4.0 Forecast 3.0 2.1 1.9 2.0 2.0 1.3 0.9 1.0 0.5 - -1.0…
NATURAL GAS OUTLOOK Year over Year Natural Gas Demand Growth 4.0 14 12 Cum Nat Gas Demand Growth (bcf/d) 3.0 YoY Nat Gas Demand Growth (bcf/d) 10 8 2.0 6 4 1.0 2 0.0 0 2011 2012 2013E 2014E 2015E 2016E 2017E…
WHY INVEST IN PINE CLIFF Debt free; balance sheet strength allowing flexibility for future transactions Proven track record of delivering superior long-term results for shareholders High-quality assets with low operating costs and low…
CORPORATE INFORMATION BOARD OF DIRECTORS HEAD OFFICE STOCK EXCHANGE LISTING Gary J. Drummond 850, 1015 4th Street SW TSX Venture Exchange George F. Fink Calgary, Alberta T2R 1J4 Trading Symbol: PNE Philip B. Hodge Phone: (403) 269-2289…
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