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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 > Natural gas price
View:
Post by AboveBoard on Apr 22, 2022 11:24am

Natural gas price

Mumble jumbo
https://www.fxempire.com/forecasts/article/natural-gas-prices-fall-ahead-of-inventory-report-973979

s
hortage, build, event, weather, draw, more production, less production, blah, blah, blah.  The pattern changes but the narrative repeats.  New recolonizes and drilling will result in more production.  Simple supply and demand?

Natural gas will settle in $3.50 to  $5.50 range?

Birch management is smart to pay off debt imo.

Comment by AboveBoard on Apr 22, 2022 11:26am
Oops, New technologies and drilling will result in more production.
Comment by TouchDown12 on Apr 22, 2022 11:28am
Care to hedge if they can't drill - no pipe, no labour, no new efficent distribution (pipelines)? Think housing prices, supply and housing builds, materials. Driling isn't the simple solution - i admit - it once was the answer of the past. Need might overcome greed here. Will see. GLTA TD12
Comment by AboveBoard on Apr 22, 2022 11:34am
Touchdown12,  good point about supply issues.  
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