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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

Post by Donhowon Feb 24, 2022 8:00am
194 Views
Post# 34457007

What’s going on

What’s going onWith the market price? Even with the obvious low dividend to keep the price down, one would think people could see the amount of money available when the debt is paid down. Are there some large shareholders selling at a steady rate? What is with the .01 dividend? They couldn't put 3 million into a symbolic increase? It's too bad but birchcliff is going to be bought at a fraction of its value.
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