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Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

Birchcliff Energy Ltd. is a Canada-based intermediate oil and gas company. The Company is engaged in exploring for, developing, and producing natural gas, light oil, condensate, and other natural gas Liquids (NGLs). The Company's operations concentrated within its core area, the Peace River Arch, which is centered northwest of Grande Prairie, Alberta, adjacent to the Alberta/British Columbia. It is focused on natural gas and light oil drilling areas in North America. The Company is focused on the Montney/Doig Resource Play within the Peace River Arch. It has 100% 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. Pouce Coupe Gas Plant is in the heart of the Montney/Doig Resource Play. The Gordondale property is located northwest of Grande Prairie, Alberta and consists of the properties in Gordondale.


TSX:BIR - Post by User

Comment by HighOctane89on Dec 04, 2022 12:50pm
211 Views
Post# 35149558

RE:EIA forecast FY23 Henry Hub price to average $5.46

RE:EIA forecast FY23 Henry Hub price to average $5.46There's a lot of effort being put in trying desperately to talk prices down , seems every talkinghead can see the future clearly . Reality says depending on the length and severity of this winter , EU demand and the length of spring before the heat shows up are all wild cards in this game . Last summer had draws on gas storage from June to early Sept due to cooling and electricity demand . 

Its tax loss selling season and the pundits want to give you a multiple of reasons to sell your shares cheap , you're better off turning off the computer and checking back in Jan . Freeport LNG will be restarting any day now but that fact is never mentioned or its effects discussed . Bir trades on an unpredictable pattern which generally has it going opposite to the sector . I like the Bir story but I never feel I have a handle on where it is going , I watch it with amazement but its hard to understand the de-coupling from its piers .
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