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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 bossuon Mar 25, 2022 3:32pm
136 Views
Post# 34546666

RE:RE:AECO Pricing Strong - Despite 20% Marketing - Potential $$$

RE:RE:AECO Pricing Strong - Despite 20% Marketing - Potential $$$The cash flow from the 20 % in oil production is ''icing''the cake and Q1 numbers to be much better than ''guidance''and this is what the market like !




++++++++++++++++++++++++++++++++++++++++++++++++++++++++++==
bossu wrote: Surging WTI in the Q1 with a sale price of approx $ 96 /bar is $ 10 more than budget and we may expect a much higher price for all 2022 coming forward
Every $ 1$ increase per barrel is $ 4,2 M cash flow additionnal
Just looking at the 6 months pricing -Q4 2021 and Q1 2022 for  the gas price tell us that the gas price revenue will be slghthly better .



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