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Bullboard - Stock Discussion Forum Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

Energy Oil & Gas E&P
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 > BIR
View:
Post by SadieLadyCO on Feb 22, 2023 4:51pm

BIR

Can pay the divy for the remaining of the year. It has already set that a side. NG will not go lower than $3 and BIR has average the price of NG at $3.00. NG will gain speed again noo doubt about that. REMEMBER they need NG not just for heating but, to run Hydro tubine,s for ELECT....
Comment by checkup on Feb 22, 2023 6:50pm
Henry Hub traded at US$ 2.12 today which is about 2.86 Cdn.  With Freeport back to shipping LNG and weather cooling for a week or two, I would say nat gas has put in a bottom.... but this is natural gas and it can surprise you. The April front month closed at 2.29 today but went as high as $2.42.  
Birchcliff Energy Ltd
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