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Bullboard - Stock Discussion Forum 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... see more

TSX:BIR - Post Discussion

Birchcliff Energy Ltd > drilling?
View:
Post by AboveBoard on Jan 06, 2021 12:55pm

drilling?

Comment by Oldnagger on Jan 06, 2021 4:07pm
According to BOE reports  since NOV 10 licenced 11,set surface 2 drill to LD  5  Resumption 1 Seems quite impressive.
Comment by PlutusofCrete on Jan 06, 2021 6:09pm
Old nagger - serious question...where should I go to learn more about what this means? I'm invested in Birch but really don't know all the industry buzzwords and what they mean.   Why is this impressive? What does it mean?
Comment by Oldnagger on Jan 07, 2021 11:08am
I Am not sure about the terminology, but it seems to suggest more activity ar Birchcliff than at similar sized competitors. Of course A well is of no use until it has been fracked, completed and tied in by pipeline Upon reflection , I think the well drilling activity serves to indicate management's confidence in the future.
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