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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 Barkison Dec 03, 2021 9:04am
141 Views
Post# 34194014

Trying to understand implications of a low NA gas price

Trying to understand implications of a low NA gas priceThe difference with what the rest of the world pays for gas is far too wide.

Seems that either we are heading for more "health" lockdowns or all the
different type of global industries that rely of natural gas are going to have to adapt
(in NA favour). Any insights appreciated.

Here is a look at growing US and global  demand for ethane (a by product of natural gas)


https://www.eia.gov/todayinenergy/detail.php?id=48056
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