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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 Billybabin61on Dec 14, 2022 10:01am
144 Views
Post# 35170648

RE:Nat Gas is dropping again..wow

RE:Nat Gas is dropping again..wowJanuary 18, 2023 is the next date for BIR to release their updated guidance and based on their Nov presentation, all they need is $70 US WTI and $3C gas to fund their .80 dividend and capital expenditures, and give them almost 400 mil in excess free funds. If we can hit $80 WTI it will provide a great buffer. Tonken is a very crafty manager and is on the right path. That's why I am in. 
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