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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 Oct 15, 2014 8:25am
104 Views
Post# 23028779

sorry, here is the main body to gowith my previous post

sorry, here is the main body to gowith my previous post Canadian Observer - Western storage builds increase amid strong production, lull in demand Bentek estimates that West Canada storage injections have averaged slightly more than 1.2 Bcf/d since October 1, which is double the pace of ...last October's injections and about 0.4 Bcf/d above the previous five-year average. The increase in West Canada production, which has averaged 14.3 Bcf/d month to date, or 0.9 Bcf/d above the September average, has allowed the incremental storage builds to take place. That said, inventories currently stand around the 405-Bcf threshold, or roughly 175 Bcf below last year's pace. To end injection season 100 Bcf below the five-year average of 530 Bcf, storage builds will need to increase to slightly stronger than 1.3 Bcf/d over the next 16 days, which would be greater than 1.0 Bcf/d above the previous five-year average for the second half of October. less10/15/2014 | 5:25 AM
Bullboard Posts