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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

Post by iwpeteon Oct 20, 2023 1:15pm
204 Views
Post# 35693340

Free Advice

Free AdviceJust remember free advice usually isn't worth much.
Use the weakness right now in natgas to put on positions.
Why? you might ask.
Well seasonally it's weak.  But it's just short term bearish.
But here's why to do it now.
The Baker Hughes rig count comes out this afternoon.  And I'm betting the gas rig count goes down 2.
Usually you would use calls, but Toronto is too winsy a mkt so I'll just use stocks  as a cheap call.
GLTA
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