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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 goldenriviton Jan 28, 2023 11:27am
207 Views
Post# 35251851

RE:RE:I do not agree with Eric

RE:RE:I do not agree with EricThe headlines propaganda tells that the world does not need oil and gas.Yet the facts are consumption in demand is increasing at 2.2% yr over yr post the ending of the second world war.All that growth in consumption from 7mbd(1945) to 101mbd in 2023 happened  through dozens of recessions, wars, 911 market crash,2009 financila crisis, the covid world lock downs and any future recessions.The world demand is increasing even with the EV roll out and transition to clean energey.Consumption in 23/24/25 and as well into the next decade will happen.Its not time to abandon NG companies because some talking head on TV or in some business write up tells you to get out.Buffetts big energy bet is because he can see the future consumption trend is increasing.Its not wise to bet against Buffett can you hear me Grssshopper Eric?
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