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TopSpin Energy and Pine Cliff Energy Enter Into First-of-Its-Kind Gas Streaming Structure to Fund Glauconite Wells
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HOUSTON, Oct. 26, 2026 /PRNewswire/ -- TopSpin Energy is partnering with Pine Cliff Energy Ltd. (TSX: PNE) on the two Glauconite wells in the Caroline area of Central Alberta announced in their latest press release.

The transaction gives TopSpin Energy a significant non-operated working interest in both wells during an initial phase of production. After the initial phase of production, TopSpin Energy's long-term returns will be weighted toward natural gas production only. It also marks its first investment in a working interest in wells being drilled. 

Thank you to the Pine Cliff team for the partnership.

About TopSpin Energy

TopSpin Energy is a privately held financial investor in assets across the energy spectrum.

For further information, contact:

Emily Wolf, Vice President and Chief Investment Officer

Email: emilyw@topspinep.com

Phone: +1 917-282-3082

TopSpin LinkedIn Page

Cision View original content:https://www.prnewswire.com/news-releases/topspin-energy-and-pine-cliff-energy-enter-into-first-of-its-kind-gas-streaming-structure-to-fund-glauconite-wells-302919695.html

SOURCE TopSpin Energy

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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