Dec 11 (Reuters) - Pine Cliff Energy Ltd PNE.V :
* Announces closing of $185 million strategic acquisition, credit facility
increase, tsx listing application and 2016 guidance
* Forecasting 2016 production volumes to range from 22,500 - 23,000 boe per day
* 2016 cash flow is currently expected to be materially higher than its capital
budget, based on current strip pricing
* Says credit facility has been amended to reflect an increase in the borrowing
base to $185 million
* Production of the assets is currently approximately 11,300 barrels of oil
equivalent ("boe") per day
* Source text for Eikon ID:nCCN3bX6Jz
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