Pine Cliff Energy Ltd. Announces Extension of Borrowing Base Redetermination

FOR: PINE CLIFF ENERGY LTD.
TSX SYMBOL: PNE

Date issue: April 03, 2017
Time in: 8:00 AM e

Attention:

CALGARY, ALBERTA--(Marketwired - April 3, 2017) - Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX:PNE) announces that at the request of its banking syndicate of Canadian financial institutions, it has extended its semi-annual borrowing base redetermination until April 13, 2017.

About Pine Cliff

Pine Cliff is an Alberta based natural gas company that is focused on acquiring and developing long life assets that are cash flow positive even in a low commodity price environment.

The TSX does not accept responsibility for the accuracy of this release.

- END RELEASE - 03/04/2017

For further information:
Pine Cliff Energy Ltd.
Philip B. Hodge
President and CEO
(403) 269-2289
(403) 265-7488 (FAX)
info@pinecliffenergy.com
OR
Pine Cliff Energy Ltd.
Cheryne Lowe
CFO and Corporate Secretary
(403) 269-2289
(403) 265-7488 (FAX)
info@pinecliffenergy.com

COMPANY:
FOR: PINE CLIFF ENERGY LTD.
TSX SYMBOL: PNE

INDUSTRY: Energy and Utilities - Oil and Gas
RELEASE ID: 20170403CC0042

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