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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 →

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