Pine Cliff Energy Ltd. Announces 2025 Annual Results, Filing of Disclosure Documents, Annual Reserves, Dividend Declaration and Corporate Outlook

About this update from Pine Cliff Energy Ltd.

Calgary, Alberta--(Newsfile Corp. - March 4, 2026) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") announces its 2025 annual results, filing of disclosure documents, year-end reserves and dividend declaration. Q4 2025 and 2025 financial highlights include: Included in the filings were Pine Cliff's annual information form ("AIF"), which includes disclosure and reports related to reserves data and other oil and gas information pursuant to National Instrument 51‐101 Standards of Disclosure for Oil and Gas Activities and its consolidated financial statements and related management's discussion and analysis for the year ended December 31, 2025. Pine Cliff will host a webcast at 9:00 AM MDT (11:00 AM EDT) on Thursday, March 5, 2026. Participants can access the live webcast via Pine Cliff Energy Q4 Results Webcast or through the Pine Cliff website at http://www.pinecliffenergy.com. A recorded archive of the webcast will be available on the Company's website following the live webcast. Reserve Report Highlights Pine Cliff's independent reserve report (the "Report") was prepared by McDaniel & Associates Limited ("McDaniel") in accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities ("NI 51-101") with the effective date of December 31, 2025. Highlights of the Report include: Pine Cliff's Reserves McDaniel has used a three-consultant average price (McDaniel, GLJ & Sproule) forecast, resulting in a price forecast of $3.00 and $3.30 per MMBtu for AECO natural gas and US$59.92 and US$65.10 per Bbl for WTI oil in 2026 and 2027 respectively. Summary of Remaining Working Interest Reserves, as of December 31, 2025   1 Amounts may not add due to rounding.2 Oil includes Light and Medium and Heavy Oil. Light and Medium oil represents 100 per cent of Total Proved and Proved plus Probable reserves. Summary of Net Present Values of Future Net Revenue, Before Income Taxes, as of December 31, 2025   1 Amounts may not add due to rounding. Reconciliation of Gross Reserves by Principal Product Type, as of December 31, 2025   1 Amounts may not add due to rounding.2 Oil includes Light and Medium and Heavy Oil. Light and Medium oil represents 100 per cent of Total Proved and Proved plus Probable reserves.3 Natural...

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