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Birchcliff Energy sees red ink in Q1 on hedging losses

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Birchcliff Energy sees red ink in Q1 on hedging losses

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Natural Gas News
Birchcliff Energy sees red ink in Q1 on hedging losses

Summary

Large Elmworth land position well-suited for future LNG export activities. by: Dale Lunan

Canadian Montney producer Birchcliff Energy said May 10 it had a Q1 2023 net loss of C$42.5mn (US$31.6mn) which it attributed to an unrealised mark-to-market loss on its Nymex/AECO basis ...

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Natural Gas & LNG News, Americas, Corporate, Financials, News By Country, Canada

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