Birchcliff Energy Ltd T.BIR

Alternate Symbol(s): BIREF

Energy Oil & Gas E&P

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.

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Birchcliff Energy Ltd > No Hedge Here - Fast Becoming The Envy of The Patch

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Comment by Barkison May 03, 2022 1:06pm

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Post# 34651615

RE:RE:RE:RE:RE:RE:No Hedge Here - Fast Becoming The Envy of The Patch

Clamlinguine.

They do have a AECO/HH basis hedge on for 147,000 mmbtu of gas per year for the next 4 years or so if that is what you are getting at. As far as I can tell that hedge seems to be slightly in thier favour as
the AECO gas is still selling for less than HH leass US$1.20.

Either way that hedge is not very material IMO in the current scheme of things.

It time proves me right you are going to have to make me a plate of that liguine.

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