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.

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Birchcliff Energy Ltd > Energy Sector: If You Like BIR...........

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Comment by stockfyon Feb 18, 2021 10:23am

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Post# 32594948

RE:Energy Sector: If You Like BIR...........

Agree Touchdown.

stockfy wrote:

you will love Spartan Delta (SDE).

SDE is new, unknown, debt-free, cash-rich, produces 30,000 boepd (70% gas) and trades less than 9,000 per boepd and 2 times its annual cash flow. Dirt cheap.

Proforma yesterday's deals, debt-free SDE produces 36,000 boepd (70% gas) based on the latest guidance below:

https://www.globenewswire.com/news-release/2021/02/16/2176560/0/en/Spartan-Delta-Corp-Announces-Three-Strategic-Acquisitions-and-80-0-Million-Financing.html

And as linked above, proforma yesterday's deals, SDE remains debt-free with surplus of C$54 million by the end of 2021.