Birchcliff Energy Ltd T.BIR

Alternate Symbol(s): BIREF

Energy Oil & Gas E&P

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

Birchcliff Energy Ltd > No Hedge Here - Fast Becoming The Envy of The Patch

<< Previous

Bullboard Posts

Next >>

Comment by clamlinguineon May 03, 2022 3:22pm

113 Views

Post# 34652312

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:No Hedge Here - Fast Becoming The Envy of The Patch

No problem Barkis. I recommend more garlic and parsley than the original recipe. haha. So it appears they have signed up to take $1.23 US less than Henry Hub rate for the gas they ship down to Louisiana. I wonder why? Maybe they got an upfront payment? Maybe that's what it takes for an Albertan to gain access to that market? Maybe cheaper transport? Anyway, it doesn't seem to be too debilitating under these prices, but again, why bother?

<< Previous

Bullboard Posts

Next >>

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle