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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 > Nymex
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Post by kavern23on Nov 15, 2023 1:38pm
149 Views
Post# 35737353

Nymex

NymexNymex pricing isnt as great as it sounds as alot of companies pay 1 bucks USD to ship the NG to USA Nymex point.  So if nymex ever falls to 3 USD really getting 2 usd * 1.37 =  2.74  Cad range.

If you watch AECo pricing like hawk...notice Aeco normally trades right now at Nymex minus 1 dollar transportations costs.
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