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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 Burgersandfrieson Mar 15, 2023 1:43pm
83 Views
Post# 35340438

RE:Global banking/credit/financial crisis

RE:Global banking/credit/financial crisisThe divi was too much even without the global BS Jeff should have hedged a small portion just to protect the balance sheet and buy back shares. The chatter for months has been lower gas prices for a while now throw in the bank situation and people panic regardless. As far as I know natgas consumption will continue. Jeff needs to be a little more cautious and less cocky.
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