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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

Post by PlutusofCreteon Mar 01, 2021 1:00am
232 Views
Post# 32683358

CAPP - Canadian Natural Gas: Demand and Production

CAPP - Canadian Natural Gas: Demand and ProductionSee bar graph on page 4:

https://www.capp.ca/wp-content/uploads/2020/03/Canadian-Natural-Gas-Demand-and-Production-Forecast-Scenario-Modelling-357870.pdf


This outlook utilizes two scenarios:

- The ‘Market Constrained’ case - a lack of enabling policies that limits Canada’s LNG exports to LNG Canada Phase 1 and the smaller-scale Woodfibre LNG facility; and a continued protracted regulatory structure continues to result in transportation bottlenecks, lower prices and lost revenues thereby reducing the industry’s ability to finance new wells and other development opportunities.

- The ‘Market Opportunity’ case - a more efficient regulatory system that avoids protracted transportation bottlenecks that depress WCSB prices; and more LNG export facilities constructed as a result of the implementation of policies conducive to LNG export development.


With the way the feds do things...watch Canada get stuck with the Market Constrained case. 
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