Pine Cliff expands 2026 development program, adds credit facility
Pine Cliff Energy says it is expanding its 2026 development program in Central Alberta, intends to drill two gross Glauconite wells in the Caroline area, and announces a new credit facility and a monthly dividend for Oct. 30, 2026.
Story updates
09:31:42 PM UTC
SquawkNews
Pine Cliff Energy Ltd. will drill two Glauconite wells and one Pekisko well in 2026, secured a new syndicated credit facility maturing Sept. 30, 2029 with up to $15M available to June 30, 2027, and declared a $0.00125 monthly dividend payable Oct. 30, 2026.Material DetailsContext by AI AnalystThis…