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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 > Jeff’s thoughts on hedging
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Comment by GuidoSan1on Jan 26, 2023 5:57pm
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Post# 35248980

RE:RE:RE:RE:RE:Jeff’s thoughts on hedging

RE:RE:RE:RE:RE:Jeff’s thoughts on hedgingExactly Robert I suggested to now look at KELT for example today, and another reason why? Well they recently hedge almost 25% of their gas production over $9. Yes 9 BUCKS, 100% debt free and testing the 52 week low today, do some DD, way way better risk, than putting anymore capital into most gas producers now including BIR sorry, cheers.
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