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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
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Post by bossuon Oct 19, 2022 8:43pm
249 Views
Post# 35035157

Nat gas price to reverse in the coming months

Nat gas price to reverse in the coming monthsThis is the name of the game....!!!
Nat gas price up and Bir share price up "
Nar Gas down and BIR share price down...

The big difference is that Bir is almost ''debt free''
Just on June 30  2020  Bir has a debt of $ 753 M and at the end of this year Bir is debt free in a18 months period and going to reward the share holder with a  8,0 % dividend in 2023
So hang on and be patient.
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Dealroom for high-potential pre-IPO opportunities