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Pine Cliff Energy Ltd. Confirms Monthly Dividend for September 30, 2022

September 6, 2022

Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") confirmsa monthly dividend of $0.01 per common share is to be paid September 30, 2022 to shareholders of record on September 15, 2022. The dividend is designated as an eligible dividend for Canadian income tax purposes.

For further information, please contact:

Philip B. Hodge - President and CEO
Alan MacDonald - 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.

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