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Pine Cliff Energy Ltd. Confirms Monthly Dividend for September 30, 2022

September 6, 2022

Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") confirmsa monthly dividend of $0.01 per common share is to be paid September 30, 2022 to shareholders of record on September 15, 2022. The dividend is designated as an eligible dividend for Canadian income tax purposes.

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Pine Cliff Energy Ltd. Announces Appointment of New Director

August 11, 2022

Calgary, Alberta--(NewsfileCorp. - August 11, 2022) - Pine Cliff Energy Ltd. (TSX: PNE) ("PineCliff" or the "Company") is pleased to announce the appointment of Mr. Calvin Jacober to its Board of Directors (the "Board").

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Pine Cliff Energy Ltd. Announces Record Quarterly Results, 20% Increase in Monthly Dividend, Increase in 2022 Guidance and Operational Update

August 3, 2022

Calgary, Alberta--(Newsfile Corp. - August 3, 2022) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") announces record second quarter financial and operating results, a 20% increase in its monthly dividend, an increase in production and CAPEX guidance and an operational update.

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Pine Cliff Energy Ltd. Announces Debt Free Status and Confirms Monthly Dividend for July 29, 2022

July 4, 2022

Calgary, Alberta--(Newsfile Corp. - July 4, 2022) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") announces that it has repaid in full, all term debt and insider debt as of June 30, 2022. Pine Cliff is one of the first Canadian public oil and gas producers to be debt free.

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Pine Cliff Energy Ltd. Announces Results of Shareholders’ Meeting and Annual Stock Option Grant

May 19, 2022

Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX: PNE) is pleased to announce all matters presented for approval at the Annual General Meeting of Shareholders on May 19, 2022 (the “Meeting”) have been approved. A total of 129,235,832 common shares representing 37.66% of Pine Cliff’s issued and outstanding common shares were voted in connection with the Meeting.

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Pine Cliff Energy Ltd. Announces Record Quarterly Results, Declaration of Monthly Dividend, Debt Repayment and Operational Update

May 4, 2022

CALGARY, Alberta – (Newsfile Corp. – May 4, 2022) - Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX: PNE) announces record first quarter financial and operating results, the declaration of a monthly dividend, repayment of debt and an operational update.

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Pine Cliff Energy Ltd. Announces 2021 Year-End Reserves and Provides Operations Update and 2022 Guidance

February 8, 2022

Pine Cliff's independent reserve report was prepared by McDaniel & Associates Limited ("McDaniel") in accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities ("NI 51-101") with the effective date of December 31, 2021.

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Pine Cliff Energy Ltd. Announces Record Annual Results and Filing of 2021 Disclosure Documents

March 8, 2022

Pine Cliff's adjusted funds flow of $26.3 million generated during the fourth quarter of 2021 and $59.1 million for 2021 were the highest quarterly and annual adjusted funds flow for the Company since inception.

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Pine Cliff Energy Ltd. Provides Operations Update and Announces 2020 Year-End Reserves and 2021 Guidance

February 10, 2021

Pine Cliff's fourth quarter 2020 production averaged 19,130 Boe per day, weighted 91% to natural gas. This resulted in the average production for the year being 19,005 Boe per day, exceeding the Company's 18,500 to 19,000 annual 2020 guidance range. This production was achieved with the Company only spending $2.3 million on development drilling in 2020. Stable natural gas prices and the ability to produce natural gas into storage uninterrupted during 2020 enabled Pine Cliff to maximize production rates in 2020.

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Pine Cliff Energy Ltd. Announces Annual 2020 Results and Filing of 2020 Disclosure Documents

September 3, 2021

Pine Cliff's adjusted funds flow of $8.0 million generated during the fourth quarter of 2020 was the highest quarterly adjusted funds flow for the Company since the second quarter of 2017. Stable and improved natural gas prices, combined with Pine Cliff's portfolio of low decline assets, highlights the Company's business model that provides for adjusted funds flow growth in a rising natural gas price environment.

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