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.

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Birchcliff Energy Ltd > 5 year debt reduction...

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Comment by bossuon Jan 20, 2021 7:45pm

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Post# 32341056

RE:5 year debt reduction...

I should have post the debt revised guidance at year end 2020 (April 13 2020) to the amount of $ 770 M to $ 790 M,
Just to say that $ 635 M to $ 655 M in 2021 look promising !

bossu wrote: Outstanding...debt reduction
Total at year end
2021 $ 635 to $ 655 M
2022 $ 490 M
2023 $ 330 M
2024 $ 165 M
2025 $ ($ 85 M)

Probably dead in 2025 but nice debt reduction !
Do you belive Mr Tonken 5 year plan?