Pine Cliff Energy Ltd (PNE)


Pine Cliff Energy Ltd (CVE:PNE), (OTCMKTS:PIFYF) Announces Oil and Gas Asset... July 30, 2014

Yesterday trading of Pine Cliff Energy Ltd ( CVE:PNE ), (OTCMKTS:PIFYF) shares was halted momentarily. The halt was by request of the company and was triggered in relation to the major news release that came from CVE.[BANNER] The company announced that it entered into a binding agreement for the acquisition of oil and gas assets, located in one of the company's core areas in Alberta. The deal is valued at $33.25 million and the assets acquired are described as having a low-cost profile more