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.

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Birchcliff Energy Ltd > Global banking/credit/financial crisis

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Post by goldenriviton Mar 15, 2023 1:29pm

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Post# 35340404

Global banking/credit/financial crisis

Is now underway.BIR with no debt is a plus.But oil and gas prices are under the div threshold of $3 ng and $70 oil that was required to support the 10% div.So its no longer a stable div situation.Conditions in the Global markets are going to get much worse if Credit Suisse goes bust.

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Understanding tax loss season and the “Santa Claus rally”