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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

Post by goldenriviton Jan 20, 2023 9:41am
199 Views
Post# 35235292

Jeff is Murry Edwards mini me

Jeff is Murry Edwards mini meJeff has done a grat job with BIR debt elimination.Murry edwards has CNQs dividend as its top prority and during the oil melt down to negitive -$40 CNQ did not cut the div when every energy company did.Why? the solid balance sheet.For BIR to raise the div 900% in the bottom of the gas market sets up BIR shareholders of mega returns in 2023.If the gap up in the SP is say a 5% div BIR is $16.With zero debt  BIT is a prime take over target as buyers do not have to assume any BIR debt.The stock is a screaming buy here!
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