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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 Feb 23, 2015 9:28am
52 Views
Post# 23454212

Bentek 2/23/2015 | 5:31 AM-

Bentek 2/23/2015 | 5:31 AM-Canadian Observer - British Columbia LNG projects set to receive tax relief The prime minister of Canada announced tax breaks for British Columbia's liquefied natural gas industry late last week, which could provide incentive ...for proposed projects to move forward in the final investment decision process. The tax incentives include a capital cost allowance of 30% for equipment utilized in natural gas liquefaction and 10% for buildings at an export terminal that liquefy natural gas. The tax relief will be available for capital assets acquired between now and 2025. The decision to provide tax incentives for companies planning to develop LNG in British Columbia likely stems from recent announcements from owners of prospective projects to delay final investment decisions due to unfavorable economics related to higher-than-expected construction costs and adverse commodity price movements. 2/23/2015 | 5:31 AM Canadian Observer (D
Bullboard Posts