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Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

Birchcliff Energy Ltd. is a Canada-based intermediate oil and natural gas company. The Company is engaged in the exploration for and the development, production and acquisition of oil and gas reserves in Western Canada. The Company’s operations are focused on the Montney/Doig Resource Play in Alberta. Its operations are concentrated in the Peace River Arch area of Alberta. The Company has a 100% working 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. Its Pouce Coupe Gas Plant, which is licensed to process up to 340 million cubic feet per day (MMcf/d) of natural gas, is located in the heart of the Corporation's Montney/Doig Resource Play.


TSX:BIR - Post by User

Comment by robert41on Jan 12, 2024 10:29am
115 Views
Post# 35823500

RE:Nat gas catching a bid at $3.30 + this morning

RE:Nat gas catching a bid at $3.30 + this morningPerhaps they surprise the market and hedge enough to cover the divi. I'm not sure who would take the hedge I guess they would have to be convinced of gas over 3 bucks somewhere. If they could do that perhaps that would bring some stability 
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