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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 DeepValueOil88on Aug 21, 2022 7:23pm
235 Views
Post# 34910346

RE:White Tundra - BIR Price Target Range - My guess is $21.45

RE:White Tundra - BIR Price Target Range - My guess is $21.45This is present Birchcliff Energy value. By 2023, SP can move up with strip pricing. It's pure speculation but $50 range is probable in new frame. It's not much of a reach for BIR to pay a stable growing $2.50 annual dividend (5% on $50).
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