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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
Bullboard Posts
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(109)
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Post by fergus2on Mar 23, 2014 5:23pm
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Post# 22357756

Bentek 3/20/2014 | 5:47 AM

Bentek 3/20/2014 | 5:47 AM
Canadian Observer - Canadian exports to West market begin to climb
Net Canadian exports have averaged of 4.7 Bcf/d so far in March, 0.9 Bcf/d below February's average and down 2 Bcf/d from January’s average. The decline is due to three reasons. First, total US demand is down 13 Bcf/d from February and 20 Bcf/d below January. Second, the TransCanada Nova pipeline had been operating on a IT delivery restriction notice for much of March that was limiting exports into the West market. Third, Western and Eastern Canadian storage has been operating at vast deficits compared with the five-year average. As a result, Canadian supplies have been needed to to meet domestic demand. Earlier this week, the IT delivery restriction was lifted and after posting a month-to-date average of 2 Bcf/d, exports to the West market have begun to climb and were at 2.4 Bcf for Thursday's evening cylce. Total net exports are up day-over-day by 0.1 Bcf to 4.8 Bcf Thursday.less
3/20/2014 | 5:47 AM
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities