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Bullboard - Stock Discussion Forum 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... see more

TSX:BIR - Post Discussion

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Post by SadieLadyCO on Feb 22, 2023 4:51pm

BIR

Can pay the divy for the remaining of the year. It has already set that a side. NG will not go lower than $3 and BIR has average the price of NG at $3.00. NG will gain speed again noo doubt about that. REMEMBER they need NG not just for heating but, to run Hydro tubine,s for ELECT....
Comment by checkup on Feb 22, 2023 6:50pm
Henry Hub traded at US$ 2.12 today which is about 2.86 Cdn.  With Freeport back to shipping LNG and weather cooling for a week or two, I would say nat gas has put in a bottom.... but this is natural gas and it can surprise you. The April front month closed at 2.29 today but went as high as $2.42.  
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