Birchcliff Energy Ltd T.BIR

Alternate Symbol(s): BIREF

Energy Oil & Gas E&P

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.

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Birchcliff Energy Ltd > Q1 Closed Out - Time to Guess Commodity Selling Prices

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Comment by bossuon Apr 01, 2022 10:17am

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Post# 34566786

RE:Q1 Closed Out - Time to Guess Commodity Selling Prices

Average selling price in the Q$ 2021in CDN price
-Light oil price $ 92,79 Q1 2022 $ 119

-Nat Gas price $ 5,52 say 6,00

t funnds flow in the Q4 $ 196 142 or 0,73
...............................Q1 $ 216 000 or 0,80

It a 10 % increase !

PlutusofCrete wrote: Approx. 30% return on BIR stock from the start of the year.

I'm guessing selling prices of:

HH: $4.75 average
Dawn: $4.75 average
AECO: $4.35 average
WTI: $95

Looking forward to an update on debt free timeline with the release of results in May.

Maybe just maybe a divy increase is coming. $0.04 a quarter?