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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 Mar 05, 2021 4:16pm
160 Views
Post# 32731105

RE:Saudis bet 'drill, baby, drill’ is over

RE:Saudis bet 'drill, baby, drill’ is overI think the prince is right for now. Until US and other producers have substantial credit line cushioning , they will be vary loathe to re run the experience they went through when the Saudis opened the taps last Spring. Also Covid is not safely in the bottle yet. That probably means another 6 months before drilling levels get back to pre covid levels , followed by at least a year and probably more to catch up to rising demand as economies first recover and then probably boom . THERE IS NO POOF!!
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