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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 robert41on Nov 11, 2021 1:22am
206 Views
Post# 34113482

RE:RE:RE:Going Forward with DIV and loan pay down

RE:RE:RE:Going Forward with DIV and loan pay downI don't disagree with you they could have done as you suggest but they chose this way I would have been happy either way honestly. Just slightly prefer getting debt free ASAP. I can wait for my divi. Financial security of the company is paramount. I suspect they'll be more generous with the divi knowing they are debt free or close to it. They may surprise and increase the divi at the end of Q4 who knows. Either way the co is headed in the right direction. At least that's what I think the next week or so will be interesting.
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