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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 Nov 16, 2023 10:48am
158 Views
Post# 35739107

RE:Days forward supply

RE:Days forward supplyFrom latest nat gas inventory report 3833 bcf vs 3635 last year = 1.054

from latest drilling productivity report nov 2023 production rate = 99.937 bcfpd
vs nov 2022 = 95122
ratio = 1.051

Therefore DFS is essentially the same

Henry hub spot price average for Oct 2023 =2.98

Henry hub spot price for Oct 2022 = 5.66


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