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.

TSX:BIR - Post by User

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

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Comment by clamlinguineon May 03, 2022 1:20pm

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Post# 34651690

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

Barkis, that must be it because it amounts to 38% of the volume. It is costing $1.47/mmbtu on page 6. If you can explain the exact detail, I'm interested. It seems like the same crazy, unnecessary hedge that drove me away before, may not be as bad now. The way the old one was set up I could envision a scenario where they would have had to pay the americans to take their gas. Things were way different then though.

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