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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

Post by Barkison Mar 27, 2022 8:42pm
243 Views
Post# 34550506

Hopefully Some Elevator Music Will Be In Order

Hopefully Some Elevator Music Will Be In OrderI think people are sensing that there is a real possibility that North Americas goes into
next winter (in six months) with not enough gas in storage - same thing happened to 
Europe last year - the result was cripling energy prices that are still not resolved.
Bircliff is in a position now to increase production substantially without financing.

Burnig more coal in the US is not much of an option - the price is creeping up due to international price
pressure and everyone including the EPA is bearing  down on coal energy. All the coal power plants that want to stay in business had to sign a piece a paper saying they will upgrade their coal ash ponds
within the next 3-4 years - one of the many expensive things about coal power that does not apply to
natural gas.

Somebodies who can feel the pulse of the natural gas markets may be snooping around here.


https://www.youtube.com/watch?v=fj9lG30WzcA
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