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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 > Q3/2024: average realized NG sales price of $1.50/Mmcf
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Post by ztransforms173 on Nov 14, 2024 4:59pm

Q3/2024: average realized NG sales price of $1.50/Mmcf

  • Birchcliff’s market diversification initiatives contributed to an average realized natural gas sales price of $1.50/Mcf(3), which represented an 87% premium to the average benchmark AECO 7A Monthly Index price in Q3 2024.
- TOTAL LIQUIDS SALES represented 46.8% of the
$ 151,645,000 of BIR REVENUES in Q3/2024

  • Achieved average production of 75,403 boe/d (83% natural gas, 9% NGLs, 5% condensate and 3% light oil).
 
- NOTICE the SHARP CONTRAST

z173
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