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Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

Energy Oil & Gas E&P
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

Birchcliff Energy Ltd
Bullboard Posts
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(109)
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Post by fergus2on Jul 08, 2016 1:43pm
248 Views
Post# 25036049

Re Schulich & his 3m shares in the bought deal......

Re Schulich & his 3m shares in the bought deal......Birchcliff Energy enters agreement with Schulich Foundation to sell 3 mln subscription receipts at a price of $6.25 per receipt


Is this just my imagination  or am I right in guessing that Schulich has turned over his 3 million shares in this bought deal to Birchcliff, - to be divided amongst management to make up for  bonuses etc. that wouldn’t have been available to them during these last 2 miserable years? 


Bullboard Posts
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