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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

Comment by Naveed23on Feb 24, 2023 6:14pm
95 Views
Post# 35304609

RE:RE:RE:What a Dividend.

RE:RE:RE:What a Dividend.Eric's top holding's are all oil heavy. Nothing wrong with that and just like Nat Gas, will be good long term.To each their own. At least Birch cares about returning to their shareholders. They had a plan, executed it and stand behind their dividend. If Nat Gas is at $2 for all of 2023, naturally they will need to adjust as will all others who are paying a dividend. 2 month's of low Nat Gas and suddenly Birch is taking on debt to pay the dividend? Quite an amateur thing to say for someone like Eric N. Maybe he or a partner missed out on buying at the recent lows so he's trying to sway the market with his influence to buy your shares cheap. 
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