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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 10, 2022 10:38am
113 Views
Post# 34416401

RE:Too bad...

RE:Too bad...Current storage sliced right thru the 5 year average the past couple weeks.
Should hit the lower bound of the 5 year numbers next week or shortly
thereafter.

https://ir.eia.gov/ngs/ngs.html


I think with the high oil prices they are counting on plenty of gas coming on as 
a by-product of oil drilling. They may be right or they may be wrong.
My thinking is we are one cold snap away from things going very wrong.
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