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 > Stuck

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Post by marketsenseon Oct 25, 2022 5:07pm

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Post# 35048040

Stuck

All the NG producers were stuck in neutral today. BIR hardly budged and NG up almost
10% today. My beta theory for BIR looks like a joke right now but its still early days
before winter sets in. Are buyers waiting on the BOC decision tomorrow before
jumping on board? Trading volumes on BIR were heavy but no price movement.
Looks like a lot of instutional repositioning going on IMO.

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