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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 > down side
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Comment by checkupon May 04, 2023 3:35pm
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Post# 35430938

RE:RE:RE:RE:RE:down side

RE:RE:RE:RE:RE:down sideNatural gas prices have to stabilize.  The current weeks EIA Nat Gas stock change was 54Bcf well down from Consensus of 86Bcf.  I have noticed too that daily reports have been under previous and 5 year average levels.  20 - 30BCF per week below 5 year will start closing the gap pretty fast... with in a couple of months.  The current levels of natural gas stoarge are not that out of line IMO 

 Check out AmericanOilman.com


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