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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 Oct 23, 2022 10:27pm
220 Views
Post# 35042689

RE:RE:RE:BIR - Discussed on Shubham's Canadian Oil & Gas Q3 Preview

RE:RE:RE:BIR - Discussed on Shubham's Canadian Oil & Gas Q3 PreviewAt 36 yrs of reserves and the demand for nat gas going out into the future plus
being close to debt free means they are in one of the best positions to capitilize
on a stronger ng market.  This is a stock one can keep in their porfolio for many
years if it lasts that long before being taken out IMO.  Once LNG in Canada gets 
up and running,  we will get access to world markets.  We need terminals on both 
coasts and pipelines to move it.  World demand is not going away if only we can
get everyone on board in this country to approve it.  Trudeau's response that there
was no economic case for LNG is no longer valid and needs to change his tune
if Canada is to have any hope of cashing in.  The world is waiting Justin.  Hello.
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