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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 HighOctane89on Dec 22, 2022 9:01pm
142 Views
Post# 35188478

RE:RE:RE:One interesting tidbit .......

RE:RE:RE:One interesting tidbit .......
DeepValueOil88 wrote: Market at Dawn paying over $36 for BIR natgas.  


Dec 21st 20224

Southern California citygate         $49.69/MMbtu

Sumas Canada/US border    over $50.00/MMbtu

Malin Oregon                        over $50.00/MMbtu

Opal Hub                                      $52.17/MMbtu

Chicago citygate                           $17.69/MMbtu

Cheyenne Hub Montana              $34.88/MMbtu

NYMEX Henry Hub                        $5.14/MMbtu ?????
  (paper market)

Those prices are all taken from today's EIA nat gas weekly report , what's wrong with this picture ? The disconnect between the real market and the paper fantasy market just don't jive , makes you wonder what and when something breaks . 
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