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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 > AAV SHUTS DOWN 130 Mmcf/f Of DRY GAS
View:
Post by ztransforms173 on Oct 08, 2024 12:20pm

AAV SHUTS DOWN 130 Mmcf/f Of DRY GAS

- FINALLY, some PRODUCTION DISCIPLINE from these DODO BIRDS 

^^^


CALGARY, ABOct. 8, 2024 /CNW/ – Advantage Energy Ltd. (“Advantage” or the “Corporation”) announces it has begun strategic production curtailments of up to 130 mmcf/d of dry gas in response to unusually low Alberta natural gas prices. Curtailments began during September and are planned to continue during the fourth quarter until such time as pricing recovers.
 

https://boereport.com/2024/10/08/advantage-announces-strategic-production-curtailment-anticipates-further-capital-reduction/

***

z173


CALGARY, ABOct. 8, 2024 /CNW/ – Advantage Energy Ltd. (“Advantage” or the “Corporation”) announces it has begun strategic production curtailments of up to 130 mmcf/d of dry gas in response to unusually low Alberta natural gas prices. Curtailments began during September and are planned to continue during the fourth quarter until such time as pricing recovers.

 
Comment by PlutusofCrete on Oct 08, 2024 5:12pm
Too little too late. Limited impact on BIR though since most gas is priced at Dawn and HH. 
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