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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 31, 2022 1:49pm
157 Views
Post# 34379852

RE:Birchcliff sure a slug lately

RE:Birchcliff sure a slug latelyI'm not sure on the divi raise the last one was a joke a complete waste of money the next one has to be meaningful... they stopped buying shares maybe Pluto's was right and it's going to capex but you would think they would have enough cash to buy shares. I still like the debt repayment as priority debt is expensive and getting more expensive so they are on the right track there... hopefully they announce something interesting feb 9.
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