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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 Apr 09, 2022 1:58pm
213 Views
Post# 34590872

RE:RE:RE:RE:RE:Myles Bosman Executive Vice President, Exploration Sells

RE:RE:RE:RE:RE:Myles Bosman Executive Vice President, Exploration SellsAccording to a quick search on Short ratios, ratios greater than 8 days are very bullish because it would be very difficult to cover the short position.
BIR average daily volume is about 2 million. If 7.8 million short position is correct then the ratio is near 4. Therefore, a short squeeze possibility is not quite there yet.
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