Pine Cliff Energy Ltd. Announces Asset Disposition and Provides Third Quarter 2025 Webcast Details

Core Viewpoint - Pine Cliff Energy Ltd. has entered into a definitive agreement to sell certain assets in the Central area for gross cash proceeds of $15.0 million before closing adjustments, with production from these assets averaging approximately 485 Boe/d in the nine months ended September 30, 2025, and the transaction is expected to close in the fourth quarter of 2025 [1]. Group 1 - The transaction involves gross cash proceeds of $15.0 million [1]. - Average production from the sold assets was approximately 485 Boe/d [1]. - The expected closing date for the transaction is in the fourth quarter of 2025 [1]. Group 2 - National Bank Capital Markets is acting as the financial advisor to Pine Cliff regarding the transaction [2]. Group 3 - Pine Cliff will host a webcast on November 6, 2025, at 9:00 AM MDT to discuss the third quarter 2025 results [3]. - The live webcast can be accessed via the provided link or through the company's website, with a recorded archive available afterward [3]. Group 4 - Pine Cliff is a natural gas and crude oil company focused on creating shareholder value [4]. - Additional information about Pine Cliff can be found on sedarplus.ca and the company's website [4]. Group 5 - The sold assets comprised approximately 2,010 Mcf/d of natural gas, 40 Bbl/d of NGLs, and 110 Bbl/d of light and medium oil [5]. Group 6 - Definitions include Boe/d (barrel of oil equivalent per day), NGLs (natural gas liquids), Mcf/d (thousand cubic feet per day), and Bbl/d (barrel per day) [6].