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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 Barkison Oct 30, 2022 10:33pm
272 Views
Post# 35059046

Natural Gas / Coal Substitution - 2022

Natural Gas / Coal Substitution - 2022Good Article 

Worth a close read.

Talks about coal losing market share to gas for powerburn in Q4

Also talks about pressure for US to be exported because it is
cheap compared to world coal prices.

Also railroad issues transporting coal to powerplants this year.

Very good setup for natural gas price rebound.

https://www.hellenicshippingnews.com/u-s-coal-fired-generation-declining-after-brief-rise-last-year/

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