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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 Burgersandfrieson Nov 02, 2021 10:56am
223 Views
Post# 34077147

Oil and gas future

Oil and gas future Here's how I see it...gas is the new gold going forward for the next 15 plus years. Oil will do very well but gas and loads of it will be required as we go green. If production world wide does not change a whole lot both in oil and gas, prices will be firm. The cash flows going forward will be incredible there will be a few spectacular companies this not business where new competitors come into the game. While gains have been great all things being equal fall 2022 will be where we see the unhedged like bir and the hedged companies whose hedges roll off and aren't replaced or are at much higher prices really shine. 
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