Mr. Philip Hodge reports

PINE CLIFF ENERGY LTD. DECLARES MONTHLY DIVIDEND FOR APRIL 30, 2024

Pine Cliff Energy Ltd. has declared a regular monthly dividend of 0.5 cent per common share to be paid April 30, 2024, to shareholders of record on April 15, 2024. The dividend is designated as an eligible dividend for Canadian income tax purposes.

About Pine Cliff Energy Ltd.

Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value.