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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 > Bircliff Revenue Going Forward
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Post by Barkison Oct 04, 2021 10:31pm
465 Views
Post# 33965422

Bircliff Revenue Going Forward

Bircliff Revenue Going ForwardAssuming $6 US Gas, $75 US OIL, $50 NGL

Gas  - 350,000 MMBTU Gas X 6.00 X 365 = $765,000,000

Oil    - 9,000 X 75 X 365 = $246,000,000

NGL - 7.000 x 50  X 365 = $127,750,00

Total Yearly Revenue   Approx 1.140  Billion $US (close to $1.5 Billion CDN)

Total Operating Expenses Should be About $300M CDN(Judging from last 2 years numbers)

Edita Should come in at 1.2B CDN/Year

Bircliff pays no taxes on their next 1.6B in profits (due to previous years operating losses)

They should be debt free in early spring 2021. (720M debt outstanding as of Jun 30)
(Depending on how much they spend on new wells)


Major World Governments will be forced to subsidize energy or lockdown again.

Your Hard Earned Tax dollars are going to organizations like this.
(The only catch if you want in yhe dough is you have to keep your mouth shut)

https://www.thegatewaypundit.com/2021/10/breaking-project-veritas-pfizer-scientists-covid-antibodies-probably-better-pfizer-vaccination-video/

https://ca.finance.yahoo.com/news/france-steps-contain-energy-prices-185337785.html
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