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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 Barkison Sep 27, 2021 12:52pm
284 Views
Post# 33924412

RE:RE:RE:Stop the vaccine misinformation please

RE:RE:RE:Stop the vaccine misinformation pleaseI think BIR will really fly when the option holders let go of their positions.

It is basically unhedged to my knowledge - thats a huge benefit compared to others. If $6 mmbtu is the new price for gas going forward in N/A then BIR should
be about 4 times as profitable as it was expected to be a couple months ago.
The share price has not doubled yet since then. 

Clues to target price will be how high the speculators run the henry hub price
by the 30th. Then look for the possibility for correction in gas price for October
until shoulder season is over and then look for the November weather outlook and Q3 results. If  everything still looks OK then the only thing that will slow it down is another unecessary and useless lockdown or black swan.



"The hospitals, mourges and ICU's are full of you guys"

You had break your own rules to add that to comment in there. You do have
an opinion after all and feel a need to spread that info for some reason. Why not read what I sent and try to back up your position if you disagree. Credible Sources only S.V.P.  (no Boob Tube parroting).

In life (and the markets) everything is connected and happens for a reason.




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