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

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SOURCE TopSpin Energy