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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 AboveBoardon Sep 23, 2022 6:17pm
149 Views
Post# 34983316

RE:From the depths of despair - BIR COO Comments

RE:From the depths of despair - BIR COO Comments
PlutusofCrete wrote:

At No. 13, Calgary-headquartered Birchcliff Energy Ltd. made a marked climb from the “depths of despair” in March 2020, the early days of the COVID-19 pandemic when the company’s share price fell to about 60 cents. This year, the stock reached about $12, president and chief operating officer Chris Carlsen told Postmedia.

While inclusion on the list sparks excitement, it also serves as a reminder of the the challenges seen over the past three years, he added.

“I really think about the resilience and the strength of our staff both in Calgary and in the field,” Carlsen said. “As well as the executive team, our board of directors and some of our large shareholders for that support during all those different times to get from where we were to where we are today.”

https://edmontonjournal.com/news/local-news/albertas-oil-and-gas-sector-commands-list-of-top-30-tsx-stocks


 

was able to pick up 64 cent shares when Birch struggled during the covid bull$hit(not bragging as I make more mistakes than the average person).  Elites pushing for recession as per plan, the"great reset.".  Birch has been paying off debt, which is the smart thing to do.  We will have to see what transpires.  Will they crash the markets?   Recession or full blown depression?  So much manipulation occurs all the time.  Mid term elections coming up.  More interest rates hikes projected.   Will the good guys stop the nonsense?  The next couple of months should give more clarity?   It could be a dark winter?   

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