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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 AboveBoardon Jun 22, 2022 11:30am
186 Views
Post# 34774103

RE:RE:RE:RE:Added more at $8.91 and $8.71.

RE:RE:RE:RE:Added more at $8.91 and $8.71.

Factor in the fact interest rates will be rising this year.  The manufactured inflation has had an effect on purchasing power.  

my prediction is still $3.50 to $5.00 natural gas.  War in Ukraine was used to create further energy shortages and inflation along with instability.   Russia forces have the situation in check.  Ukrainian forces are being forced to fight by the Zelensky puppet regime.  This war did not need to occur.  Very sad that lives on both sides were lost.  Will there be another event orchestrated to create more oil and gas turmoil?  

Birchcliff continues to pay down debt. This is the smartest move imo.  Better safe than sorry.  Does anyone know what is Birchcliff's total debt?

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