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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 > Love the way we're paying off debt
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Post by barneyj44on Aug 11, 2021 4:13pm
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Post# 33686433

Love the way we're paying off debt

Love the way we're paying off debt
The banks wont be coming to our door anytime soon Our total debt at year end is expected to decrease by as much as 34% ($262 million) from our total debt at December 31, 2020 of $762.0 million based on our anticipated F&D capital spending, annual average production and free funds flow in 2021.
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