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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 HighOctane89on Sep 15, 2022 1:41pm
144 Views
Post# 34964900

RE:Fluctuation

RE:FluctuationThe series A and series C prefered shares will be retired on Sept 30th , although there are only about 3.6M shares in total , I'm not sure of the price (or value) of those shares . It is all accounted for already and some long term debt will also get paid off but I don't think they will be "zero debt" by the end of Q3 . Bir will however be close and will know how much of Q4 will be required to be debt free .

With that kind of clarity I would expect Jeff to elaborate on the dividend schedule . Only 2 weeks and we are into Q4 , time flies and November should provide some unusual warmth for Bir shareholders . 
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