Bullboard - Stock Discussion Forum Mcf Energy Ltd V.MCF

Alternate Symbol(s): MCFNF

Energy Oil & Gas E&P

MCF Energy Ltd. is a Canada-based junior resource company. The Company is engaged in the identification, and the exploration and development, of both proven and unproven reserves via drilling and/or acquisition with a focus on the European oil and gas sector. The Company has secured interests in several significant natural gas exploration projects in Austria and Germany with additional... see more

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TSXV:MCF - Post Discussion

Mcf Energy Ltd > Natural gas prices in Europe hit 2024 High

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Post by practicalguy on Nov 15, 2024 12:21pm

Natural gas prices in Europe hit 2024 High

MCF is currently well testing in Austria, which just got cut off from Russian gas.

The natural gas price is now about $19 CAD per mcf compared to $2 per mcf in Canada. Oil is over $100 CAD in Austria.

Virtually any production will be highly profitable.

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Comment by BrickmantoStock on Nov 16, 2024 12:40pm

Seems like the mainstream still hasn't figured out MCF role in Europe energy stratigies. Once MCF starts producing gas/oil this stock will keep rising. More wells are going into production during 2025 in Austria Germany first and eventually Czech. People need electricity and warmth to live, its as simple as that. No brainer here a smart kindergardener could figure this out. IMHO ...more

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