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Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

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

Post by PlutusofCreteon Sep 20, 2021 8:53am
250 Views
Post# 33885759

Welcome back to the TSX index

Welcome back to the TSX indexFirst day of trading as a member of the TSX index. 

Another step in the right direction.....let's keep the momentum going. 

My guess is that the share buybacks end here and the rest of the FCF is put towards debt reduction and redemption of Pref Shares Class C. 

Pref Shares Class A will be next year. 
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