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Pine Cliff Energy Ltd. Announces 2023 Annual Results, Filing of Disclosure Documents, Year-End Reserves, Provides 2024 Guidance, Dividend Declaration and Executive Update

March 4, 2024

Calgary, Alberta--(Newsfile Corp. - March 4, 2024) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") announces its 2023 annual results, filing of disclosure documents, year-end reserves, provides 2024 guidance, dividend declaration and executive update.

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Pine Cliff Energy Ltd. Declares Monthly Dividend for February 29, 2024

February 1, 2024

Calgary, Alberta--(Newsfile Corp. - February 1, 2024) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.01083 per common share to be paid February 29, 2024, to shareholders of record on February 15, 2024. The dividend is designated as an eligible dividend for Canadian income tax purposes.

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Pine Cliff Energy Ltd. Declares Monthly Dividend for January 31, 2024

January 2, 2024

Calgary, Alberta--(Newsfile Corp. - January 2, 2024) - Pine Cliff Energy Ltd. (TSX: PNE)(OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.01083 per common share to be paid January 31, 2024, to shareholders of record on January 15, 2024. The dividend is designated as an eligible dividend for Canadian income tax purposes.

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Pine Cliff Energy Ltd. Announces Closing of Certus Acquisition

December 13, 2023

Calgary, Alberta--(Newsfile Corp. - December 13, 2023) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") is pleased to announce that it has completed the acquisition of Certus Oil & Gas Inc. ("Certus"), as previously described in the Pine Cliff press release dated October 31, 2023.

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Pine Cliff Energy Ltd. Announces Completion of the Offer and Mandatory Extension Period to December 18, 2023

December 8, 2023

Calgary, Alberta--(Newsfile Corp. - December 8, 2023) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") announces that its offer (the "Offer") to acquire all of the issued and outstanding common shares (the "Common Shares") of Certus Oil and Gas Inc. ("Certus"), a privately held oil and natural gas producer, as previously described in the Pine Cliff press release dated October 31, 2023, has been accepted by holders of Common Shares representing at least 69.7% of the total number of Common Shares issued and outstanding. Accordingly, the minimum tender condition under applicable Canadian securities laws has been satisfied and all other conditions to the Offer have been satisfied.

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Pine Cliff Energy Ltd. Declares Monthly Dividend for December 29, 2023

December 1, 2023

Calgary, Alberta--(Newsfile Corp. - December 1, 2023) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.01083 per common share to be paid December 29, 2023, to shareholders of record on December 15, 2023. The dividend is designated as an eligible dividend for Canadian income tax purposes.

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Pine Cliff Energy Ltd. Announces Third Quarter 2023 Results and Mailing of Takeover Bid Circular

November 14, 2023

CALGARY, Alberta – (Newsfile Corp. – November 14, 2023) - Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX: PNE; OTCQX: PIFYF) announces third quarter 2023 financial and operating results and mailing of Takeover Bid Circular.

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Pine Cliff Energy Ltd. Announces Strategic Acquisition, New Term Debt Facility and Monthly Dividend

October 31, 2023

Calgary, Alberta--(Newsfile Corp. - October 31, 2023) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") is pleased to announce that it has entered into a definitive agreement (the "Agreement") to offer to acquire all of the issued and outstanding common shares (the "Common Shares") of Certus Oil & Gas Inc ("Certus"), a privately held oil and natural gas producer, for a cash purchase price of $100.0 million (the "Offer"). The Offer will be funded through a combination of available cash and a new secured term debt facility ("Term Debt Facility"). The board of directors of both Pine Cliff and Certus have unanimously approved the Offer. The Offer is expected to close by the end of 2023, subject to certain customary conditions and regulatory approvals.

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Pine Cliff Energy Ltd. Declares Monthly Dividend for October 31, 2023

October 2, 2023

Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.01083 per common share to be paid October 31, 2023, to shareholders of record on October 16, 2023.

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Pine Cliff Energy Ltd. Declares Monthly Dividend for September 29, 2023 and Appoints New Officer

September 5, 2023

Calgary, Alberta--(Newsfile Corp. - September 5, 2023) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.01083 per common share to be paid September 29, 2023, to shareholders of record on September 15, 2023. The dividend is designated as an eligible dividend for Canadian income tax purposes.

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