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Pine Cliff Energy Ltd. Announces Second Quarter 2025 Results
Newsfile·2025-08-07 06:40

Production in the second quarter was consistent with the first quarter and down from the same quarter last year primarily due to natural production declines and temporary shut-ins due to weak AECO gas prices in June 2025. Capital expenditures of 2.3millioninthesecondquarterwerelimitedtofacilitiesandmaintenancespendings,bringingtotalcapitalexpendituresto2.3 million in the second quarter were limited to facilities and maintenance spendings, bringing total capital expenditures to 3.6 million in the first half of 2025. The 2025 capital budget of 23.5millionisunchanged,whichincludes23.5 million is unchanged, which includes 12.5 million of development ...