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Pine Cliff Energy Ltd. press release

Pine Cliff Energy Ltd. Announces Closing of Asset Disposition

TSX - Toronto Stock Exchange · Canada

Calgary, Alberta--(Newsfile Corp. - November 20, 2025) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF)("Pine Cliff" or the "Company") is pleased to announce that it has completed the disposition of certain assets in the Central area for gross cash proceeds of $15.0 million before closing adjustments as previously described in the Pine Cliff press release dated November 5, 2025.

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.caas 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/275394

Earlier from Pine Cliff Energy Ltd.