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Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

Birchcliff Energy Ltd. is a Canada-based intermediate oil and gas company. The Company is engaged in exploring for, developing, and producing natural gas, light oil, condensate, and other natural gas Liquids (NGLs). The Company's operations concentrated within its core area, the Peace River Arch, which is centered northwest of Grande Prairie, Alberta, adjacent to the Alberta/British Columbia. It is focused on natural gas and light oil drilling areas in North America. The Company is focused on the Montney/Doig Resource Play within the Peace River Arch. It has 100% interest in its Pouce Coupe Gas Plant and two oil batteries, as well as various working interests in numerous other gas plants, oil batteries, compressors, facilities, and infrastructure. Pouce Coupe Gas Plant is in the heart of the Montney/Doig Resource Play. The Gordondale property is located northwest of Grande Prairie, Alberta and consists of the properties in Gordondale.


TSX:BIR - Post by User

Bullboard Posts
Comment by love_minus_zeroon Oct 27, 2019 4:50am
348 Views
Post# 30273814

RE:Opinions

RE:Opinions Tax loss selling will hold all of this tier of nat gas stocks down until Christmas, so anyone wanting these discounted shares can build a position over the next few months. Trudeau will move with haste to build TMX, Canada LNG will continue it's build, and some firms will grasp the future and partner with wind turbine companies to indicate even they embrace a gradual shift to renewables. Because the infrastructure is being bought by private equity, one can safety consider there is another run on both Canadian oil and Canadian natural gas stocks. And, once the dispute with China ends (perhaps soon) they will express interest in the sector, which would help recreate interest in the forgotten sector. You will have to hold your nose and hold for at least two years for the winds of favour to change, and they might.
lmz
Bullboard Posts