Pine Cliff Energy Becomes Sole Shareholder of Skope Energy

Pine Cliff Energy Ltd. (TSXV:PNE) is pleased to announce that they are the sole shareholder of Skope Energy.

As quoted in the press release:

Skope’s assets include an 80% working interest in a package of high quality, long-term, low decline producing shallow gas assets located in southeast Alberta and southwest Saskatchewan. These assets are currently producing approximately 3,500 barrels of oil equivalent per day, weighted 100% towards natural gas. McDaniel & Associates Consultants Ltd. is currently preparing its independent reserve estimates for the Skope assets as at December 31, 2012, which will be released by Pine Cliff in due course.

To view the whole press release, click here.