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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

Comment by AboveBoardon Oct 18, 2022 1:57pm
209 Views
Post# 35031935

RE:RE:Prediction coming true soon?

RE:RE:Prediction coming true soon?

iwpete wrote: I see it the other way.  The hit to nat gas has been overdone..  It may be too simple but hey... Winter is on the way.

 

your way may turn out.  I maintained my stance many months ago when ng was plus $9.  I still go with my prediction.  Yes winter could serve ng price propaganda.  The potential big recession coming could possibly take the winter out of the equation.  There is lots of ng, however "created" shortages impact prices.  Price volatility will exist.  Mid term elections coming.  Interest rate announcements coming.  Very interesting times.  I think birch management paying off debt was very smart.  

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