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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 marketsenseon Oct 14, 2022 3:25pm
367 Views
Post# 35025529

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MoreJust a quick note about recession fears.  There is a lot of noise that recession will
crush demand and therefore oil & gas stock are vulnerable and as such are overpriced.
Well,  I don't know about others keeping warm in winter but I don't particularly enjoy
freezing in my home because I've got to turn on the furnace and start burning some
ng or using my gas stove to cook some hot meals.  Using ng utilities is not optional
but a neccesity for me and I suspect most folks when it comes to winter.  It's about
as recession proof as food is IMO.
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