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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 bigreturn11on Aug 14, 2022 10:21pm
190 Views
Post# 34895682

RE:RE:Eric Nuttall

RE:RE:Eric Nuttall

Look at previous interviews from Nuttall. He clearly speaks highly of Birchcliff and feels that shareholders will do great. Nuttall is an oil bull and he is willing to take greater risk for higher returns on his oily stocks.

I feel that BIR is an incredible risk/reward play. I'm dying to see debt free status likely by the end of Sept. I would guess that the company news releases when they are technically debt free, prior to end of quarter which it occurs. It's an insanely exciting milestone to hit and not many companies their size or larger can state the same. Then it's divi time! I'd bet CEO Jeff wakes up the markets by dropping a divi percentage higher than his minimum stated target of $0.80 annually. 


I'll take BIR any day if the week and be part of the ever increasing US/global nat gas demand. There is no problem here. Next stop $15 by end of year and confirmation of a fat divi announcement.  

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