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Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

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

Bullboard Posts
Comment by PeterWrighton Feb 14, 2020 4:12pm
181 Views
Post# 30693600

RE:RE:RE:RE:RE:As I was mentioning to a fellow investor today

RE:RE:RE:RE:RE:As I was mentioning to a fellow investor todayThe best one was when Josef was talking about what a great deal a company was(forget which one) due to book value. Market call host said that most analyst ignore book value in oil and gas companies and focus on cash flow as book value can be writen down any day. Joseph looked like a deer in the headlights. Within 2 weeks the company wrote down a huge amount and book value was chopped in third. 
Bullboard Posts