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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 > BNN interview
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Post by Sunsurfer12on Apr 04, 2023 6:03pm
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Post# 35379800

BNN interview

BNN interviewNot liking what i'm hearing..CEO says he is sticking with his dividend even if he has to take on debt..right now looking at $50m debt to fund divy at current prices..then when times are good we will repay..hahaha..never seen that story work out well...i'm staying out for now in afer names where they have better marketing programs to boot like TOU and ARX


https://www.bnnbloomberg.ca/video/we-ll-use-our-balance-sheet-to-buffer-our-shareholders-during-tough-times-birchcliff-energy-ceo~2661388
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