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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 Jan 20, 2024 9:42am
144 Views
Post# 35837226

RE:RE:LNG help is on the way

RE:RE:LNG help is on the way

So far this year Nat gas inventories in Europe have been decreasing both against the 5 year average and particularly against last year. LNG makes up only a small fraction of Global energy consumption , so there will always be adequate demand as long as re-gasification facilities are built. Such facilities are not nearly as expensive as the LNG manufacturing facilities. 
If the planet wants to lower GHG emissions then LNG and nat gas are probably the most effective way to do it.
All the hype about LNG no longer being required is coming from those who wish to ignore the pressing requirement for power supply reliability and low GHG s that only nat gas can supply !!

https://docs.google.com/spreadsheets/d/e/2PACX-1vRqXjIrFk3bCPS-0v1lwZq-lMJ0aBOQ2OUK7d9A_tFtIfDfIHu7Dqz4D5bP3yiKY2oQxoty98CuWRhL/pubchart?oid=1135544107&format=image


https://docs.google.com/spreadsheets/d/e/2PACX-1vRqXjIrFk3bCPS-0v1lwZq-lMJ0aBOQ2OUK7d9A_tFtIfDfIHu7Dqz4D5bP3yiKY2oQxoty98CuWRhL/pubchart?oid=1072459091&format=image

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