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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 Barkison Apr 05, 2022 12:47pm
149 Views
Post# 34577209

RE:RE:Don't Tell Guido

RE:RE:Don't Tell GuidoGood luck to TD you with SDE .

The way I see it is that both BIR and SDE are sort of in the same leaugue.

However BIR is already on the field playing for real while SDE is stilll warming up.

Get back to me when SDE does the following like BIR.

1. Buys back shares (instead of issuing new ones en-masse via old venture type  financing deals)
2. Starts a real debt payback program.
3. Stops thier hedging entirely going forward (if thier financial - i.e. bank debt  situation is that good).
4. Starts paying a dividend (anything will do to show some good faith).

Lets drop the subject and hope Guido stays on the SDE board and not here - that is reasonable
wouldn't you say?
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