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Company News

BRIEF-Pine Cliff Energy Ltd Announces 2018 Guidance

Feb 12 (Reuters) - Pine Cliff Energy Ltd:

* ANNOUNCES 2018 GUIDANCE, COMMODITY RISK MANAGEMENT AND 2017 YEAR-END RESERVES

* BOARD OF DIRECTORS HAS APPROVED A 2018 CAPITAL BUDGET OF $10.4 MILLION

* PINE CLIFF IS BUDGETING 2018 ANNUAL PRODUCTION VOLUMES TO RANGE FROM 20,000 - 20,500 BOE PER DAY

* PINE CLIFF EXITED 2017 WITH PRODUCTION OF APPROXIMATELY 21,340 BOE PER DAY Source text for Eikon: Further company coverage:

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