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.

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Birchcliff Energy Ltd

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Post by fergus2on Jun 13, 2014 2:32pm

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Post# 22658613

Baker Hughes rig count for Friday, June 13th

U.S. Rig Count is down 6 rigs from last week to 1854, with oil rigs up 6 to 1542, gas rigs down 10 to 310, and miscellaneous rigs down 2 at 2.

You will note however that the % of gas rigs to oil rigs is 16.7%. Back on Sept 30th 2011( back in the land rush for acreage) it was 46.4%. That figure comes from the stats that I keep but based on the Baker Hughes rig count announcements.

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