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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 Dec 14, 2023 10:06pm
240 Views
Post# 35785949

TMX ??

TMX ??

Trans Mountain pipeline warns of 2-year delay, asks Canadian regulator to reverse decision

Reuters
·1 min read
 
 
 

WINNIPEG, Manitoba, Dec 14 (Reuters) - Canadian government-owned Trans Mountain Corp asked the Canada Energy Regulator (CER) on Thursday to reverse this month's decision to reject its request for a variance in construction of an expansion of its oil pipeline, warning of a possible two-year delay and billions of dollars in losses.

If Trans Mountain proceeds with the construction plan that is currently approved, complications could result in a borehole for the pipeline becoming compromised, forcing Trans Mountain to find an alternative installation plan, the corporation said in a letter to the CER. (Reporting by Rod Nickel in Winnipeg, Manitoba; editing by Jonathan Oatis)


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