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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 > Buybacks
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Comment by robert41on Jan 06, 2023 7:41pm
210 Views
Post# 35208193

RE:RE:RE:RE:RE:Buybacks

RE:RE:RE:RE:RE:BuybacksA big divi at peyto hasn't helped their price. Adavantage has bought back 11 million shares in December it hasn't helped their share price. Birchcliff has a huge float their buybacks would have to be massive to support the share price so far the buybacks basically took care of the options issued. I would like to see the float lower but not until debt is zero. 
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