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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 14, 2023 12:24pm
157 Views
Post# 35285440

RE:RE:The problem with Birch

RE:RE:The problem with BirchThankyou for your response Mrmomo.  Back in 2011 Birchcliff had some outside interest to purchase the company with the blessing of Seymour Schultz {biggest shareholder)but Tonken didn't think the offer was high enough. Shares went up to $11.75 or somewhere around there. Birchcliff is in a much stronger position today with little debt, better egress (less aeco) and more Natural gas liquids. Either way I'm happy to hold and collect .20 cents per quarter.
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