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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 TouchDown12on Jan 21, 2022 8:23pm
177 Views
Post# 34345783

RE:RE:RE:the shorties that drove oil to mnus 20 are back at it

RE:RE:RE:the shorties that drove oil to mnus 20 are back at it Hang in there Joe. Naggy is a vetern and he has seen a lot. Good advice. BTW - we had a similair pull back pattern at the end of Nov. and by my calculation (not BIR specific but a basket of about 20 O&G stocks - 10 i own and 10 I dont but follow) we had run about 10% above that November high this past Monday before this pullback Tuesday-Friday. So it is possible we get a confirmation of Monday's high sometime soon again - and then a similair new high from Monday. These patterns tend not to occur overnight but over a few months very keep repeating by my tracking since last June. That's why i was buying today. Have a good weekend Joe. TD12
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