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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 Burgersandfrieson Dec 09, 2021 11:41am
160 Views
Post# 34214690

RE:RE:Hold your shares

RE:RE:Hold your sharesYah seriously. Unless they say they are hedged at $5.50 which obviously won't happen the next news is year end financials. Looking forward and with the benefit of hind sight not hedging at higher prices seems like a mistake by al the gas companies. Just my thoughts. For those with more knowledge is there the possibility that you couldn't hedge when gas was higher as someone has to be comfortable taking on those hedges. I haven't seen anyone say they hedged higher? Thx
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