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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 Jan 14, 2022 11:35am
131 Views
Post# 34317134

RE:Jeff gives the boyz&girls an update

RE:Jeff gives the boyz&girls an updateI beleive he said 19th or 22nd of January for the update. Yah regretting I didn't have more in oil stocks but I still see the future as awesome for Bir. Once the debt is down. The buy backs aren't doing much because the float is too big. Once the debt is down maybe then focus on buy backs maybe I'm not sure. I know he says give the money back to shareholders but this divi is almost comical so let's hope we don't see another goofy half penny raise. Do something big or nothing at all until fall 2022 when there's more clarity on gas prices and debt
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