RE:RE:RE:North America may see natural gas prices follow global onesThere is limitations for sure on infrastucture but we are no where near capacity of the infrastructure, especially in the case with Birchcliff, they have all the infrastructure they need (fully owned by Birchcliff) as well they are tied directly into the Aeco line (i think its the Aeco, i could be wrong on that but they are tied into some alberta line directly with contracts to supply a given amount ) in addition to their own facilities which are designed for future growth well beyong 80000boe, drilling has been limited to maintain vs growing production because of the state of the energy industry. long term game plan to tie it all in to the LNG facilities on the west coast when the pipeline gets built. Once that happens i doubt BIR will exist as the big guys will need that supply for the demand, and the price for a company like BIR with 35 years worth of leases (@ 200 wells per year!) in the Dawson Creek area wont be cheap. Hope this helps, they used to drill 200 wells per year but that has been throttled back by weak prices the capaicty is there, they drill usually from Nov-Apr. then spend the next 6 months bringing them onlin and tying them into the Plant.
This is how understand it, the Feb release outlines a bunch of this stuff too
GLTA