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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 Barkison Feb 07, 2022 2:14pm
134 Views
Post# 34405700

RE:Nat gas traders can’t make up their minds

RE:Nat gas traders can’t make up their mindsSounds like sound advice. Thnx.

According to the American Oilman storage withdrawl history for the last five years we
can expect at least 400-500 bcf to withdrawn in closing winter weeks Feb 21 onwards.

There is a good chance the storage numbers will bottom out below 1300 bcf before winter is done.

After that people will be closely watching the weekly numbers to make sure we do not 
go into next winter short - like Europe did this year. 


Click on storage tab and try to claculate an average for total withdrawls after Feb 21. 
https://www.americanoilman.com/


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