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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 barneyj44on Sep 20, 2023 2:57pm
124 Views
Post# 35645891

RE:The worst investment in O&G patch?

RE:The worst investment in O&G patch?Don't believe Birchcliff is in such dire straits as you make out Mrmomo.  There was a time during Covid that they were close to falling off the cliff but not so now as $$ millions of debt was paid down during  the last NG run all  thanks to being unhedged. I hold Whitecap so a merger with them I would relish to no end.
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