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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

Post by goldenriviton Jan 20, 2023 9:41am
177 Views
Post# 35235292

Jeff is Murry Edwards mini me

Jeff is Murry Edwards mini meJeff has done a grat job with BIR debt elimination.Murry edwards has CNQs dividend as its top prority and during the oil melt down to negitive -$40 CNQ did not cut the div when every energy company did.Why? the solid balance sheet.For BIR to raise the div 900% in the bottom of the gas market sets up BIR shareholders of mega returns in 2023.If the gap up in the SP is say a 5% div BIR is $16.With zero debt  BIT is a prime take over target as buyers do not have to assume any BIR debt.The stock is a screaming buy here!
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