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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 Scotchlight1001on Feb 27, 2022 3:40pm
246 Views
Post# 34465975

RE:What differentiates BIR?

RE:What differentiates BIR?I am invested in Birchcliff because I think it has more upside potential due to its unhedged position and its mid tier size. Relatively speaking, it has not moved yet (less downside risk). If there is more money to be made in oil, it would not take much adjustment for a dry gas producer to drill for more liquids rich gas (condensate). In addition, at the last Schacter Energy Conference, two presentations were packed. One was Tourmaline and the other was Birchcliff. There must be a reason for this.
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