Birchcliff Energy Ltd T.BIR

Alternate Symbol(s): BIREF

Energy Oil & Gas E&P

Birchcliff Energy Ltd. is a Canada-based intermediate oil and gas company. The Company is engaged in exploring for, developing, and producing natural gas, light oil, condensate, and other natural gas Liquids (NGLs). The Company's operations concentrated within its core area, the Peace River Arch, which is centered northwest of Grande Prairie, Alberta, adjacent to the Alberta/British Columbia. It is focused on natural gas and light oil drilling areas in North America. The Company is focused on the Montney/Doig Resource Play within the Peace River Arch. It has 100% interest in its Pouce Coupe Gas Plant and two oil batteries, as well as various working interests in numerous other gas plants, oil batteries, compressors, facilities, and infrastructure. Pouce Coupe Gas Plant is in the heart of the Montney/Doig Resource Play. The Gordondale property is located northwest of Grande Prairie, Alberta and consists of the properties in Gordondale.

TSX:BIR - Post by User

Birchcliff Energy Ltd

Bullboard Posts

Comment by PeterWrighton Feb 13, 2020 1:47pm

173 Views

Post# 30687010

RE:RE:Gonna be a long summer...

I think the Pouce Coup gas plant is the right focus going forward. You make the point that they can't keep the gas plany full....that will change going forward. Time will tell if it is the right plan.
The commodity price is at one of it's lowest levels in 30 years and is forecasted to increase in 2021 forward.
I'm not opposed to a divy cut while HH prices are lower, then reinstate when FCF increases in 2021/2022.

Bullboard Posts

This junior mining stock offers billions in market exposure