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 > Shorts

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Comment by PlutusofCreteon Oct 23, 2021 11:05pm

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Post# 34041535

RE:RE:RE:RE:RE:Shorts

Let the shorts do their thing...and I'll do mine which is buy on the weakness.

I have posted the below table numerous times and each time I do, I am more confident that we are closer to acheiving it.

	2021	2016
Year-end share price	?	$9.37
Shares O/S	266M	264M
Pref Shares A	2M	2M
Pref Shares C	1.5M	2M
Total Debt	500M	600M

Average Sales Price
Light Oil	?	$51.40
NGLs	?	$31.23
Natural Gas	?	$2.41