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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 7:33pm
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Post# 34653214

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:No Hedge Here - Fast Becoming The Envy of The PatchThanks Alden, for the further clarification. It's backed up by the fact the presentation shows the transportation costs for this gas is the same as aeco. (45 cents) The presentation shows pipelines going down to Louisiana on the graphic so that was a bit contradictory. So I guess as Barkis alluded, as long as HH is $1.20 over aeco we aren't losing out. This wasn't a great contact type in the days HH was below $2.
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