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.

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Birchcliff Energy Ltd

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Post by AboveBoardon Jan 30, 2023 11:13pm

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Post# 35255598

U.S. gas prices slump on production surplus

Traders no longer fear inventories will run critically low this winter; they are instead preparing to deal with a large surplus that will need to be stored in the summer of 2023.

The six-month summer-winter calendar spread between futures prices for July 2023 and January 2024 has slumped into a contango of almost $1.10, signalling stocks are expected to be plentiful.
https://energynow.ca/2023/01/column-u-s-gas-prices-slump-on-production-surplus/

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