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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 Mar 31, 2017 1:50pm
92 Views
Post# 26059437

NG exports to mexico climbing

NG exports to mexico climbing

U.S. energy trade with Mexico: U.S. export value more than twice import value in 2016

In this report it states:

Bilateral natural gas trade is dominated by pipeline shipments between the United States and Mexico. U.S. natural gas exports to Mexico totaled nearly 2.9 billion cubic feet per day (Bcf/d) in 2015, or almost 60% of all U.S. natural gas exports, and are growing rapidly. Based on data through November, U.S. natural gas exports to Mexico averaged 3.8 Bcf/d in 2016, and reports indicate that daily flows during early 2017 are already exceeding 4.2 Bcf/d.

In 2017 and 2018, natural gas pipelines currently under construction or in the planning stages are expected to nearly double the pipeline natural gas exporting capacity from the United States to Mexico. Much of this natural gas will likely be used to generate electricity, as Mexico’s energy ministry expects to add significant natural gas-fired electricity generating capacity through 2029.

Bullboard Posts