Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 robert41on Aug 10, 2022 8:53pm
220 Views
Post# 34886939

RE:RE:Debt repayment

RE:RE:Debt repayment

If there's a recession it might last a year people need to heat and cool their homes and cook their food. Power is required and NG is a necessary commodity. in my opinion a recession will bring the drillers and producers to tighten their wallets and supply will be kept over check. To me it's all about supply demand will be there regardless of a recession. I look forward to seeing the divi increases next year will be a great story going from .08 to 80. If gas is high maybe the odd special divi thrown in. I've always beleived This is 2023 story regardless of where we've come from in the last 2 years.

<< Previous
Bullboard Posts
Next >>