Birchcliff Energy Ltd T.BIR

Alternate Symbol(s): BIREF

Energy Oil & Gas E&P

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

Birchcliff Energy Ltd > NG Futures and short positions

<< Previous

Bullboard Posts

Next >>

Comment by llerrad5on Sep 15, 2021 2:45pm

169 Views

Post# 33863024

RE:RE:NG Futures and short positions

That generally means there is a sharp drop at some point. Much like what has happened in lumber and other commodities recently.

That is the norm but I'm on the fence with this thrust upwards. Europe is now paying $23.00 to our $5.50.

I'm sure that as much as possible is being shipped from NA.

Russia would like to increase the flows to Europe but are filling their own reserves for winter.

Europe's NG demands may be a bigger driving force than some realize.

I'm still bullish for higher prices this 2021/22 winter.

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario