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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 > UNCLE
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Comment by Oldnaggeron Feb 18, 2024 7:34pm
185 Views
Post# 35887054

RE:RE:RE:RE:UNCLE

RE:RE:RE:RE:UNCLE
kavern23 wrote: It is the forward looking numbers that are the problem:

USA is adding 62.8 GW of electricity capacity for all of 2024 and only 2.5 GW is NG...simple cycle small NG plants to run maybe a hour a day.

50.7 GW of the 62.8 GW of new capacity is solar and batter storage.

This is not a good trend for natural gas.

If USA didnt have hottest summer like ever temp wise creating lots of AC demand in 2023 or drought lowering hydro...USA would have had trouble uncreasing NG comsumption for power in 2023.
 
Perhaps the US government should take a deeper look at their  plans for battery storage Spontaneous combustion can be a serious hazard , particularly for large scake facilities , since the huge number of batteries will only increase the probability of conflagrations


https://stockhouse.com/companies/bullboard/t.su/suncor-energy-inc?postid=35887012


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