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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 Grandcentralon Feb 01, 2022 1:28pm
151 Views
Post# 34386022

RE:RE:Brrrrrrrr - chcliff

RE:RE:Brrrrrrrr - chcliff Try thinking of it like a rent paying off a mortgage...
Fixed rent on a home can take 30 + years to pay off the 80% debt (considered a good investment) - Right now, and at much lower gas prices, BIR pays off all debt in 1 year.  With NG price spikes, that timeline is shortened significantly (the variable is the price of gas - and BIR is set to take full advantage of any price over there conservative guidance - 100% of profits above guidance is 100% BIR's).
I don't think the market has any comprehension of this opportunity. No investment opportunity like this exists.
2021 year end might be the wake-up call, or maybe 2022 Q1 - who knows when, but it will happen and we are a double or more as debt is payed off and future guidance blows the investment community away.
GLTA
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