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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

Post by bigreturn11on Aug 20, 2022 11:31am
315 Views
Post# 34909282

US nat gas selling for 46x more than AECO

US nat gas selling for 46x more than AECO

US gas at $9.30 US per unit which is $11.50 Canadian 

AECO gas at $0.25 CDN the last four days.

incredibly well played BIR CEO Jeff Tonken with >85% sold into US markets.

BIR may be the only CDN large gas producer with record free cash flow generated in Q3?? 

 

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