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Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

Birchcliff Energy Ltd. is a Canada-based intermediate oil and natural gas company. The Company is engaged in the exploration for and the development, production and acquisition of oil and gas reserves in Western Canada. The Company’s operations are focused on the Montney/Doig Resource Play in Alberta. Its operations are concentrated in the Peace River Arch area of Alberta. The Company has a 100% working 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. Its Pouce Coupe Gas Plant, which is licensed to process up to 340 million cubic feet per day (MMcf/d) of natural gas, is located in the heart of the Corporation's Montney/Doig Resource Play.


TSX:BIR - Post by User

Bullboard Posts
Post by jewel1on Oct 05, 2007 12:52pm
265 Views
Post# 13529583

Time Frame

Time FrameWill BIR require higher natural gas prices to perform better or is it dependent on exploration success? It is hard to see oil stocks such as Oilexco do so well, while BIR is quiet. I don't know if I would be better off selling BIR and buying OIL, or holding on? There is an argument for buying natural gas stocks when they are low, but it depends on how long they still low for. Does anyone know at what price Seymour Schulich has acquired BIR? Was it much lower from here? Your comments are appreciated.
Bullboard Posts