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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.


TSX:BIR - Post by User

Birchcliff Energy Ltd > Anticipation
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Comment by itsalieon Aug 10, 2022 3:34pm
130 Views
Post# 34886070

RE:RE:RE:RE:Anticipation

RE:RE:RE:RE:Anticipation
checkup wrote: I agree that reducing the debt is paramount.  I think the debt on the books June 30, 2021 of  $720.9 M will be cut in half.  The debt at March 31st, 2022 was $397.8M.   Pretty exciting that they have turned around the ship so quickly.  Good job!


paying off debt is great, but the markets wants to see money going back to shareholders or it takes a beating.. 
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