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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 > Debt reduction faster than anticipated and dividend increase
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Comment by HighOctane89on Sep 14, 2022 8:24pm
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Post# 34963269

RE:RE:Debt reduction faster than anticipated and dividend increase

RE:RE:Debt reduction faster than anticipated and dividend increaseI don't want to rain on the parade but Bir will also retire all A and C series prefered shares on Sept 30th so between that and getting debt to zero I think January 2023 is more realistic for unleashing the dividend hounds . Either way , Bir is on the verge of paying some very healthy dividends that make this share price look woefully undervalued .
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