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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 > BRACE FOR IMPACT!
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Comment by PlutusofCreteon May 02, 2023 11:31am
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Post# 35425173

RE:RE:BRACE FOR IMPACT!

RE:RE:BRACE FOR IMPACT!Just to add to this...if a divy cut comes it will come in Q1 of 2024. 

Jeff has come out publicy and stated dividend is safe for 2023 - he would not come on TV and make such remarks without the blessing of the Board. No one wants to lose face in this situation not executive leadership team and not the Board. 

AGM is right after May 10 release - there is no way they will cut the divy and then the next day have an AGM vote. 
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