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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 > UNCLE
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Comment by Oldnaggeron Feb 18, 2024 7:34pm
161 Views
Post# 35887054

RE:RE:RE:RE:UNCLE

RE:RE:RE:RE:UNCLE
kavern23 wrote: It is the forward looking numbers that are the problem:

USA is adding 62.8 GW of electricity capacity for all of 2024 and only 2.5 GW is NG...simple cycle small NG plants to run maybe a hour a day.

50.7 GW of the 62.8 GW of new capacity is solar and batter storage.

This is not a good trend for natural gas.

If USA didnt have hottest summer like ever temp wise creating lots of AC demand in 2023 or drought lowering hydro...USA would have had trouble uncreasing NG comsumption for power in 2023.
 
Perhaps the US government should take a deeper look at their  plans for battery storage Spontaneous combustion can be a serious hazard , particularly for large scake facilities , since the huge number of batteries will only increase the probability of conflagrations


https://stockhouse.com/companies/bullboard/t.su/suncor-energy-inc?postid=35887012


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