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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 17, 2014 8:57am
129 Views
Post# 23135191

Bentek projections on U.S LNG buildout,- read carefully

Bentek projections on U.S LNG buildout,- read carefullySoutheast/Gulf Observer - Bentek raises its LNG export forecast Due to the changing global supply picture in conjunction with greater-than-expected demand for US LNG, Bentek has revised its LNG export forecast ...to include Corpus Christi, Jordan Cove, and trains 5&6 of Sabine Pass. Under the revised LNG export forecast, US LNG exports rise to 6.7 Bcf/d in 2019, reaching nearly 12 Bcf/d by 2022. From a global perspective, Bentek believes that US LNG has proven to be the supply of choice among not only Asian buyers, but European buyers and international gas marketers as well. The primary reasons the US has been so attractive are that US LNG exports are gas price indexed, offer lower construction cost risks, and are hedgeable through upstream investment. Increased LNG export demand in the Southeast will support premiums across the region and require high utilization of backhaul expansions, particularly during the summer months. 11/17/2014 | 5:18 AM Southeast/Gulf Observer (Daily)
Bullboard Posts