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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 10, 2014 10:33am
189 Views
Post# 22434743

Estimate was apparently for a build of 14Bcf

Estimate was apparently for a build of 14Bcf

Weekly Natural Gas Storage Report

for week ending April 4, 2014 | Released: April 10, 2014 at 10:30 a.m. | Next Release: April 17, 2014

Working gas in underground storage, lower 48 states Summary textCSVJSN
Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(04/04/13)
5-Year average
(2009-2013)
Region 04/04/14 03/28/14 net change implied flow (Bcf) % change (Bcf) % change
East 305 310 -5 -5 648 -52.9 753 -59.5
West 160 160 0 0 336 -52.4 297 -46.1
Producing 361 352 9 9 691 -47.8 772 -53.2
Salt 68 60 8 8 168 -59.5 154 -55.8
Nonsalt 293 293 0 0 523 -44.0 618 -52.6
Total 826 822 4 4 1,675 -50.7 1,823 -54.7

Summary

Working gas in storage was 826 Bcf as of Friday, April 4, 2014, according to EIA estimates. This represents a net increase of 4 Bcf from the previous week. Stocks were 849 Bcf less than last year at this time and 997 Bcf below the 5-year average of 1,823 Bcf. In the East Region, stocks were 448 Bcf below the 5-year average following net withdrawals of 5 Bcf. Stocks in the Producing Region were 411 Bcf below the 5-year average of 772 Bcf after a net injection of 9 Bcf. Stocks in the West Region were 137 Bcf below the 5-year average after no net change. At 826 Bcf, total working gas is below the 5-year historical range.

Working Gas in Underground Storage Compared with 5-Year Range

Note: The shaded area indicates the range between the historical minimum and maximum values for the weekly series from 2009 through 2013.
Source: Form EIA-912, "Weekly Underground Natural Gas Storage Report." The dashed vertical lines indicate current and year-ago weekly periods.


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