Northwire Canada EditionThursday, July 23, 2026
Northwire
TECK 83.27 +3.2% FVI 11.90 −1.6% SUM 1.31 −1.5% RSMX 0.105 −4.5% STW 0.105 +5.0% PAT 0.250 +0.0% CCM 0.530 +1.9% SGN 0.250 −2.0% CNC 1.48 +0.7% PHNM 0.340 +4.6% LIO 0.160 +0.0% RIO 2.67 −4.3% KG 0.160 +3.2% GEN 0.065 +0.0% ECU 1.64 +8.6% ALTA 0.170 −2.9% TECK 83.27 +3.2% FVI 11.90 −1.6% SUM 1.31 −1.5% RSMX 0.105 −4.5% STW 0.105 +5.0% PAT 0.250 +0.0% CCM 0.530 +1.9% SGN 0.250 −2.0% CNC 1.48 +0.7% PHNM 0.340 +4.6% LIO 0.160 +0.0% RIO 2.67 −4.3% KG 0.160 +3.2% GEN 0.065 +0.0% ECU 1.64 +8.6% ALTA 0.170 −2.9%
M&A / Property

Pine Cliff Energy Ltd. Announces Asset Disposition and Provides Third Quarter 2025 Webcast Details

PNE · Price

Executive Summary

  • Pine Cliff Energy Ltd. entered into a definitive agreement to sell certain Central‑area assets for gross cash proceeds of $15.0 million (pre‑closing adjustments).
  • The sold assets generated approximately 485 BOE/d in the nine months ended September 30, 2025 (≈2,010 Mcf/d gas, 40 Bbl/d NGLs, 110 Bbl/d oil).
  • Transaction is expected to close in Q4 2025, with National Bank Capital Markets acting as financial advisor.

Key Details

  • Transaction Value: $15.0 million gross cash proceeds (before any closing adjustments).
  • Assets Sold: Certain assets located in Pine Cliff’s Central area; production profile: ~485 BOE/d (2,010 Mcf/d gas, 40 Bbl/d NGLs, 110 Bbl/d oil) over the nine‑month period ending 30 Sept 2025.
  • Closing Timeline: Anticipated to close in the fourth quarter of 2025.
  • Financial Advisor: National Bank Capital Markets is serving as Pine Cliff’s financial advisor on the transaction.
  • Webcast Announcement: Pine Cliff will host a Q3‑2025 results webcast on 6 Nov 2025 at 9:00 AM MDT (11:00 AM EDT); live link provided, with archived recording to follow.

Notable Quotes

(No direct quotes were included in the release.)

Read the original news release →

More from PINE CLIFF ENERGY LTD.