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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 fergus2on Apr 05, 2013 3:57pm
262 Views
Post# 21217879

TCPL"S West-East pipeline gains speed

TCPL"S West-East pipeline gains speed

I refer to the Globe &Mail article on Wednesday April3rd in the ROB page1 entitled, “West –East pipeline gains speed”, written by Shawn McCarthy.

This story talks about the TransCanada natgas pipeline and TCPL’s intention to ship oil in that pipeline to Eastern Canada. It follows on the heels of another story by McCarthy last week discussing the NEB ruling regarding natgas tolls on that pipeline.

Just so there is no confusion, that pipeline has six component tubes within it and it will indeed be possible to ship oil and natgas through that pipeline at the same time to Eastern Canada. Shawn McCarthy did not make mention of the pipeline components and could lead many to erroneously believe that gas contracts would be suspended in favor of oil. That’s not the case.  

Bullboard Posts