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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 Mar 29, 2023 4:57pm
176 Views
Post# 35367825

RE:RE:RE:Enjoy the upcoming divy

RE:RE:RE:Enjoy the upcoming divyI stand corrected. It was over 2 years.As a result of the significant free funds flow that we have generated over the past two years, we have retired an aggregate of $768.1 million of total debt(2) and preferred shares since June 30, 2020. In addition, we returned an aggregate of $128.9 million to shareholders in 2022 through our base common share dividend, a special dividend of $0.20 per common share and common share repurchases,” commented Jeff Tonken, Chief Executive Officer of Birchcliff.
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