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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 barneyj44on Feb 02, 2023 6:58pm
230 Views
Post# 35263630

RE:RE:RE:If Henry Hub stays below $3.50

RE:RE:RE:If Henry Hub stays below $3.50Look out below,  I hear you, sounds all to familiar.  I discovered Birchcliff a number of years ago and kept trying in catch the peverbel falling knive from $7 something all the way to $1 and change. Thankfully I held the course and had faith in management and the thought that the cure for low NG prices are low prices and vice a versa. Feelng comfortable this time around as debt will not be a problem thanks to Jeff Tonken not hedging and paying down $ 100s of millions of debt and the company no longer beholden to the banksters 
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