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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 > Opinion
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Comment by kavern23on Jul 09, 2024 8:05pm
146 Views
Post# 36125465

RE:RE:Opinion

RE:RE:Opinion I did a calculation a few years ago with some science behind it and I got a figure of 30 rigs drilling for ng in western Canada would keep production flat and right now 65 rigs going for ng.

permain basin and even bakken is smart having mergers to stop over production.

The drilled and uncompleted wells will grow alot this summer in western Canada. Nov 2024 will have a slug of ng hit if completions start.
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