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 > Energy Sector: If You Like BIR...........

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Comment by stockfyon Feb 18, 2021 10:23am

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Post# 32594948

RE:Energy Sector: If You Like BIR...........

Agree Touchdown.

stockfy wrote:

you will love Spartan Delta (SDE).

SDE is new, unknown, debt-free, cash-rich, produces 30,000 boepd (70% gas) and trades less than 9,000 per boepd and 2 times its annual cash flow. Dirt cheap.

Proforma yesterday's deals, debt-free SDE produces 36,000 boepd (70% gas) based on the latest guidance below:

https://www.globenewswire.com/news-release/2021/02/16/2176560/0/en/Spartan-Delta-Corp-Announces-Three-Strategic-Acquisitions-and-80-0-Million-Financing.html

And as linked above, proforma yesterday's deals, SDE remains debt-free with surplus of C$54 million by the end of 2021.