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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 Beakr123on Dec 09, 2021 11:55am
131 Views
Post# 34214772

RE:RE:RE:Hold your shares

RE:RE:RE:Hold your sharesI agree with you. Given the volatile history of natural gas, especially to the downside, you would think gas companies would take advantage of hedging to provide investors with confidence heading into 2023. I get the advantage to the strategy of no hedges but Jeff's ego seems to be in the way of making a smart decision here.
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