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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 TouchDown12on Apr 20, 2022 12:41pm
203 Views
Post# 34616936

RE:There is always 2 sides.

RE:There is always 2 sides.I get it - and a pullback maybe warrented to serve to consolidate NG sector in general. However, with all that said, Oct. 20 is just 180 days away.... and look at the incredible CF BIR generates at even 5USD HH / 5 AECO - a 30% correction from here. Anyhow, i think this is a market where everyone will be right at BIR on any given day - up, down, sideways, - but my question to myself is - what surprises are we likley to get at Q1 release - and 2 - can NA powers that be control the  NG market downwards between now and Oct. 20?? I am still betting that BIR will answer both the questions - 1. Yes and 2. No - better than most. GLTA TD12
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