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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

Comment by marketsenseon Aug 30, 2022 2:00pm
169 Views
Post# 34930149

RE:RE:RE:Correction

RE:RE:RE:CorrectionHigher int rates and recession is simply not going to lessen the demand for NG as 
we go into winter.  Everyone will need heat and power no matter what the int rates
are.  On Wed,  the Russians are shutting the gas off for maintenance and then we
will see how quickly or slow they are to turn it back on.  My guess is probably slow
to reinforce their position of ultimate control.  This is the Russians playing hardball
and the West scrambling to gather their nuts before winter sets in.  We live in
interesting times for sure.
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