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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 ztransforms173on Nov 14, 2024 4:59pm
253 Views
Post# 36313656

Q3/2024: average realized NG sales price of $1.50/Mmcf

Q3/2024: average realized NG sales price of $1.50/Mmcf
  • Birchcliff’s market diversification initiatives contributed to an average realized natural gas sales price of $1.50/Mcf(3), which represented an 87% premium to the average benchmark AECO 7A Monthly Index price in Q3 2024.
- TOTAL LIQUIDS SALES represented 46.8% of the
$ 151,645,000 of BIR REVENUES in Q3/2024


  • Achieved average production of 75,403 boe/d (83% natural gas, 9% NGLs, 5% condensate and 3% light oil).
 
- NOTICE the SHARP CONTRAST

z173


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