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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

Comment by Oldnaggeron Dec 13, 2020 1:26am
225 Views
Post# 32094832

RE:The Great Nuttal

RE:The Great NuttalI wasn't referring to his stock picking abilities, which seem rather unlucky . Rather I was referring to his statements that the supply/demand balances for both for oil and gas are tightening internationally and in North America.( Which I ascribe to due to a tremendous reduction in drilling and an eventual recovery in demand for oil post covid.)
My focus right now is on a return of petroleum profitability to the point that asset values once again become a dominant factor in company valuations and in the determination of lending capacity.
Thus my interest in appraising companies based on both their published numbers and from the field expertise of posters on this board. (concerning prospectivity and costs)
I believe that the evaluation of assets and their inclusion in decision making is a key driver for increasing shareholder value.
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