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.

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Birchcliff Energy Ltd

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Post by AboveBoardon Jan 30, 2023 11:13pm

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Post# 35255598

U.S. gas prices slump on production surplus

Traders no longer fear inventories will run critically low this winter; they are instead preparing to deal with a large surplus that will need to be stored in the summer of 2023.

The six-month summer-winter calendar spread between futures prices for July 2023 and January 2024 has slumped into a contango of almost $1.10, signalling stocks are expected to be plentiful.
https://energynow.ca/2023/01/column-u-s-gas-prices-slump-on-production-surplus/

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Geologica Resource: Polymetallic upside at a depressed price