Pine Cliff Energy Ltd. Announces Appointment of Officers, Declares Monthly Dividend for May 31, 2024 and First Quarter 2024 Webcast Details
Pine Cliff Energy announced the appointment of new officers, Mr. Daniel Keenan and Mr. Austin Nieuwdorp, effective May 1, 2024. Mr. Keenan will serve as Vice President Exploitation, leveraging his 20 years of experience in exploitation and production operations. Mr. Nieuwdorp will assume the role of Vice President Finance and Controller, bringing his financial reporting expertise to the company. The company also declared a monthly dividend of $0.005 per common share to be paid on May 31, 2024, and announced a webcast for the First Quarter 2024 results on May 8, 2024.
Mr. Daniel Keenan's appointment as Vice President Exploitation brings valuable leadership and strategic vision to Pine Cliff, showcasing his 20-year career in the industry.
Mr. Austin Nieuwdorp's role as Vice President Finance and Controller highlights his expertise in financial reporting, contributing to Pine Cliff's financial operations.
The declaration of a regular monthly dividend of $0.005 per common share demonstrates Pine Cliff's commitment to rewarding shareholders.
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Calgary, Alberta--(Newsfile Corp. - May 1, 2024) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") is pleased to announce the appointments of Mr. Daniel Keenan P. Eng to the position of Vice President Exploitation and Mr. Austin Nieuwdorp CA, CPA to the position of Vice President Finance and Controller both effective May 1, 2024.
Mr. Keenan became part of Pine Cliff in 2016. He holds a Bachelor of Mechanical Engineering Degree from the University of Victoria obtained in 2001. Throughout his 20-year career, he has taken on increasingly challenging roles in exploitation, production operations and facilities engineering, culminating in his most recent position as Pine Cliff's Manager of Exploitation. Notably, Mr. Keenan has played a pivotal role in identifying and expanding Pine Cliff's asset portfolio and drilling opportunities, showcasing his leadership and strategic vision.
Mr. Nieuwdorp originally joined Pine Cliff in May 2015 and later returned to the company in June 2022. He earned his Bachelor of Management and Organizational Studies from the University of Western Ontario in 2010, and Chartered Accountant designation in 2014. Throughout his tenure, Mr. Nieuwdorp has played a vital role in Pine Cliff's financial reporting team, serving as Corporate Controller in his most recent capacity.
Declares Monthly Dividend
Pine Cliff has declared a regular monthly dividend of
First Quarter 2024 Results Webcast
Pine Cliff will host a webcast at 1:30 PM MDT (3:30 PM EDT) on Wednesday, May 8, 2024. Participants can access the live webcast via this Link or through the link provided on the Company's website. A recorded archive will be available on the Company's website following the live webcast.
About Pine Cliff
Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value. Further information relating to Pine Cliff may be found on sedarplus.ca as well as on Pine Cliff's website at www.pinecliffenergy.com.
For further information, please contact:
Philip B. Hodge - President and CEO
Kristopher B. Zack - CFO and Corporate Secretary
Telephone: (403) 269-2289
Fax: (403) 265-7488
Email: info@pinecliffenergy.com
The TSX does not accept responsibility for the accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/207672
FAQ
When was the appointment of the new officers announced?
The appointments of Mr. Daniel Keenan and Mr. Austin Nieuwdorp were announced on May 1, 2024.
What is the amount of the monthly dividend declared by Pine Cliff?
Pine Cliff declared a monthly dividend of $0.005 per common share.
When will the monthly dividend be paid to shareholders?
The dividend will be paid on May 31, 2024, to shareholders of record on May 15, 2024.
When will the webcast for First Quarter 2024 results take place?
The webcast will be held on Wednesday, May 8, 2024, at 1:30 PM MDT (3:30 PM EDT).
Where can participants access the live webcast for the First Quarter 2024 results?
Participants can access the live webcast via the link provided on Pine Cliff's website.
