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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
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Post by AboveBoardon Aug 21, 2022 9:15pm
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Post# 34910421

Oil Has Become Too Volatile For Traders

Oil Has Become Too Volatile For TradersVery interesting article. See further below.   Been harping about this for quite awhile.  One dimension traders need to look beyond a non binary trading strategy.  If you can edge the odds in your favour, then $ follows.  Those who understand what I'm saying, well done.  Hint:  use the spread both ways in certain industries.  The  spread can be profitable. The secondary or tertiary spreads cover thy butt.  Think insurance.  Easy to lose too. 15 to 30 trades with compounding trades can take you to new levels.  Play while you wait?  

regarding oil volatility...

https://oilprice.com/Energy/Oil-Prices/Oil-Has-Become-Too-Volatile-For-Traders.html
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