Welcome to Pinecrest Energy Inc.
 

Pinecrest Energy Inc. is a Calgary, Alberta based petroleum and natural gas exploration, production and development company, with operations in the Canadian provinces of Alberta and Saskatchewan. Pinecrest trades on the Toronto Stock Venture Exchange ("TSX-V") under the symbol PRY.

Pinecrest's Business Plan is as follows:

  • Light oil focus
    • Identify and acquire a dominant position in large light oil-in-place resource-style reservoirs; and
    • Utilize horizontal drilling and multistage fracturing to unlock potential reserves
  • Operatorship and control
    • Completion methodology
    • Control capital allocation/cost/pace of operations
  • Grow through a combination of strategic acquisitions and development/exploitation drilling
  • Per share results – cost effective growth in reserves, production and cash flow
  • Maintain strong balance sheet/financial flexibility