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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.


TSX:BIR - Post by User

Birchcliff Energy Ltd > Global banking/credit/financial crisis
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Comment by robert41on Mar 15, 2023 2:39pm
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Post# 35340625

RE:RE:Global banking/credit/financial crisis

RE:RE:Global banking/credit/financial crisisAgreed. Jeff and the board should have been more cautious. Almost debt free was a great move but to not protect yourself was a mistake. That extra cash flow would have come in handy to buy back shares. Sure would have been interesting to see who wanted to hedge and who didn't on BOD. 
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