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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 mrmomoon Aug 10, 2023 8:23am
115 Views
Post# 35581256

RE:RE:RE:Why not a buyout ?

RE:RE:RE:Why not a buyout ?Agreed on EVERYTHING you said.........Unfortunately.

As to the difficulty in "raising capital" for the Canadian O&G sector, for whatever reason it may be, be it for M&A or to support/advance ongoing operations, is a faaaaar cry from the Rock & Rolln" good times situation it was in the 90's or even around as recent as 2010. In it's heyday, the M&A business was bustling & very active, when the Europeans, The Chinese and especially the deep pocketed Americans 8) ALL poured in to get a piece of that lucrative action. Now that's ALL done, dead & buried never to be seen again. Only the Canadian led corporations are left. A rather, very tragic national travesity for Canada as whole and the industry in general if one think about it.

Who knew that an entire generation of folks would go off the deep end, right off the Indian reserve and totally lose their marbles by going deep, all in...... into the Climate Change & ESG narrative B5 that has brainwashed so many. Canada had such bright future, a vast fortune right under it's feet, to keep it going for generations to come, but unfortunately got flushed down the toilet by it's OWN people when they accidently shot themselves into both feet by buying into the nonsense and electing those to pwer to destroy that wealth

If one actually wished that alternative realities & extra dimensions were real, this one case would totally justify such a desire to become a reality.

GLTA

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