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Bullboard - Stock Discussion Forum 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... see more

TSX:BIR - Post Discussion

Birchcliff Energy Ltd > Bone chilling
View:
Post by Oldnagger on Jan 22, 2024 4:36am

Bone chilling

What has almost one month of bone chilling weather done to the  forward price of Aeco ??

Hint , look at the graph at the bottom of the page on the link 

https://www.gasalberta.com/gas-market/market-prices
Comment by PlutusofCrete on Jan 22, 2024 6:35am
Oldnagger - I'm trying to understand but when I look at the graph we are under where we were one month ago....
Comment by Oldnagger on Jan 22, 2024 9:10am
Yes , that is my point.What I really want to express is that it is the nat gas priice manipulation that is bone chilling !!
Comment by Oldnagger on Jan 22, 2024 9:16am
As a corollary , as I have staed previously ,all those speculative interests who are shorting the commodity will need to go long in the future in order to close out their positions. That is a hidden asset that could quite possibly be of some value .  Look at what happened the following 2 years after the commodity prices tanked at the start of Covid
Comment by PlutusofCrete on Jan 22, 2024 10:08am
Oh now I get it sir. Praying for a NG price reversal. 
Birchcliff Energy Ltd
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