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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 Dec 24, 2024 4:32pm
61 Views
Post# 36376876

RE:RE:RE:WOW ! HEAVY VOLUME & TAX-LOSS SELLING DIMINISHED !

RE:RE:RE:WOW ! HEAVY VOLUME & TAX-LOSS SELLING DIMINISHED !I agree that Bir is a very good prospect now that nat gas is firming. Their lack of forward hedging makes it even more so. However VET has very compelling cash flow metrics and incredible leverage to  future price increases (assuming the EU lays hands off ) Furthermore , I do not believe that the Market has yet given any credence to their substantial development acreage both in North America and particularly Europe.
Vet is a very difficult company to fully understand yet the potential well makes it worthwhile to dig in

Merry xmas and a prosperous New Year to all !!
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