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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 > Hope
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Comment by PlutusofCreteon Nov 10, 2021 3:21pm
133 Views
Post# 34111602

RE:RE:RE:Hope

RE:RE:RE:Hope If NG prices stay strong...I don't see the price dropping. 12 months ago I was told it would take 5 years to be debt free. Less than 2 months ago I was told BIR moved the date up by 3 years. 

I want to see no debt. Not a dollar of interest going to the banks that don't care whether this industry lives or dies. Keep the production flat for the next 3 years and pay me great dividends starting late 2022. 

Let the world wake up to the reality that we need nat gas and then grow production....we'll stay in a strong nat gas price environment for years to come if everyone exercises discipline. 
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