Birchcliff Energy Ltd T.BIR

Alternate Symbol(s): BIREF

Energy Oil & Gas E&P

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

Birchcliff Energy Ltd

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Post by fergus2on Jan 14, 2014 3:22pm

177 Views

Post# 22090456

From Bentek

Canadian Observer - Higher demand, storage deficit to pull up Dawn cash basis

Total demand in Eastern Canada is up today from 4.2 Bcf/d Monday to 4.6 Bcf/d. Temperatures in Ontario are expected to fall by nine degrees today to a high of 15 degrees. Bentek models suggest temperatures in the region to continue to decline through Jan. 19, dipping as low as four degrees. Demand in Eastern Canada will continue to rise as a result of the colder weather. This demand increase will also require storage withdrawals from Dawn, which is already well below normal for this period of the year. Expect further upward pressure on Dawn cash basis throughout the week to support withdrawals.less

1/14/2014 | 5:52 AM

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