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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 Oldnaggeron Mar 25, 2023 5:45pm
130 Views
Post# 35360577

RE:RE:Finding Waldo

RE:RE:Finding Waldo

Thanks for your reply guys, of course there is no Waldo (abnormality ) . Effectively , the nat gas industry always corrects for high Spring inventories before the next heating season rolls around . I am sure the same process will apply this year. For this reason, companies such as Birchcliff , may feel some pain, but their survival is never in doubt. IMHO current pricing is  driven by speculation and momentum players. When will it end? I do not know , but it will surely be before next fall !!

 

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