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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 revxmon Feb 15, 2024 11:24am
157 Views
Post# 35881934

RE:RE:RE:I'm out......& some predictions!

RE:RE:RE:I'm out......& some predictions!Interesting.... i hope it pulls way back so i can buy some more at sub $1, ive had this stock for years hoping for a TO or at least to be rewarded by LNG Canada...neither looks promising for at least a year or two, in the meantime Bir is hemoraging cash at these prices and looks to be an avg summer so that wont help matters. If they had more % weighted to oil ide be a little more comfotable.... but 80+% gas at 1.50 is spooky!!
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