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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 > Another strong increase for nat gas ...
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Comment by marketsenseon Aug 16, 2022 11:15am
166 Views
Post# 34899394

RE:RE:Another strong increase for nat gas ...

RE:RE:Another strong increase for nat gas ...Just a rehearsal of what is to come this winter.  We are still in Aug and nat gas is 
already on the move.  We all have targets for BIR and they are much higher than 
today.  Debt repayment and unhedged going into EOY with nat gas in high demand
is a formula that is hard to beat.  All other nat gas producers are crimped to some
degree by a combination of debt and hedging strategies left over from the low gas era.
BIR is my no 1 pick with ERF and CR in this space.


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