I hope all of Pine Cliff’s shareholders and families are well. I am pleased to report that Q1 2022 produced the highest quarterly adjusted funds flow in the history of Pine Cliff at $32.3 million. Definitely a great way to start 2022.
The price for natural gas enables Pine Cliff to pursue strategic acquisitionopportunities and corporate transactions. The Company can act quickly to capitalize“on these opportunities and still provide a consistent and reliable income stream.
High quality assets with industry leading decline rates creating stable and predictable revenue stream.
Attractive per share value among other Canadian energy companies in a strong oil and gas commodity environment. With the ability to acquire defensive assets.
Significant free cash flow (FCF) generated from low operational cost and quality assets, leading to consistent and long-term income dividend stream to our shareholders.