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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 Nov 16, 2014 9:15am
207 Views
Post# 23133612

Re: Whatever you guys are doing don't stop.

Re: Whatever you guys are doing don't stop.Climbingbum, I think more than anything what fueled the turnaround in Birchcliff yesterday were remarks from the Saudis that their recent moves in the oil market were widely misinterpreted. Couple that with remarks from market guru Dennis Gartman (one of my favorite pundits) that we may have seen a near term end to the downside in crude and you may have the story in a nutshell. There is a clip of Gartman being interviewed on CNBC and you can get there using this info. Sorry I couldn't supply you with an exact hyperlink but this will certainly help you get there. Why I'm not short oil anymore: Dennis Gartman Michelle Fox | @MFoxCNBC Friday, 14 Nov 2014 | 6:20 PM ET CNBC.com
Bullboard Posts