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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
Comment by fergus2on Apr 03, 2014 11:56am
199 Views
Post# 22406110

RE:RE:More on storage and end of withdrwal season

RE:RE:More on storage and end of withdrwal season
Just to point out again that the storage figure is now at 822 Bcf. This is well below (83Bcf.) the worst case scenario suggested by the EIA "The Feb 6, 2014 EIA’s Weekly Market Update".   Even I thought the best we might do is exit the withdrawal season at 880Bcf.

When you look at the EIA  storage comment I posted this A.M. please look at the graph. You will see just how far below last year and other years we are. Note that we are 51% below last year's storage and almost 55% below the 5 year average.
Bullboard Posts