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 > Myles Bosman Executive Vice President, Exploration Sells

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Comment by Burgersandfrieson Apr 09, 2022 2:37pm

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Post# 34590923

RE:RE:RE:RE:RE:RE:Myles Bosman Executive Vice President, Exploration Sells

If they sell so be it take the nice premium and pick another horse there's lots in the race. A while back you thought TOU would buy them at 7 bucks and that didn't happen so I doubt a sale anytime soon unless it's a great price. 12 months away from 650 million a year in free cash flow and no debt and that's at their 2022 gas price estimate at $3.90 in the corp presentation.

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