Birchcliff Energy Ltd T.BIR

Obvious

[kavern23]

Isnt much to add that hasnt been already said except this.

Less companies in Birchcliff production size space. Not a 50k boe company but not over that magic 100k boe mark.
Alot of companies have felt the need to get over this hump.

Does Bir need to change their size if NG upside is limited in future. If NG ever gets over 4...production will just sky rocket in north america.

I think a risk exists to Bir being bought out in low point of NG cycle if they stand pat and do nothing.

Interesting thing to watch if Bir was ever too "sputter" from sustained period of low NG prices is Canadian Natural Resources. Look how CNQ got painted pony and storm...they dont over pay.

Even advantage energy should watch for this in spring of 2024.

[kavern23]

After reading Advantage energy and now Birchcliff...like I suspected Pipestone selling out was a sign for NG montney producers. Pipestone ealier presentation had them spending 220m in 2024 and Strathcona just said they are spending only 120m in 2024 on pipestone assets.....stathcona oil division can help ride this out and also restart more NG montney drilling at a better time. Question now is if

[PlutusofCrete]

What exactly is BIR trying to ride out? The Company already rode out extremely tough years.