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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 Grandcentralon Jan 20, 2022 10:04am
169 Views
Post# 34337001

Unfortunate timing

Unfortunate timingNat gas has been dropping the last few days, and again today. The short term price point seems to carry more weight than the actual stock fundamentals. Oh well, Feb should see a rise in Nat gas and it hopefully will compound the stock movement upwards. Frustrating, but part of the cycles. Maybe BIR will cancel some more cheap shares, and give an opportunity for some favourable RRSP contributions.
GLTA
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