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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

Comment by PlutusofCreteon Sep 21, 2021 1:22pm
185 Views
Post# 33892815

RE:RE:600K Shares Bought Back @ $6.46

RE:RE:600K Shares Bought Back @ $6.46They have always been on the TSX....only change is they are now on the Index. 

They can definitely still do buybacks but my guess is that it ends here. 

I expect debt to be paid down and pref shares class c to be redeemed in the coming months. 

Share price will stay afloat in the $6 range unless we have a big negative market event. 

Next stop on the train should be $8-$10 range....say in 3 or 4 months. 
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