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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 sergio2goon May 10, 2023 8:35pm
190 Views
Post# 35442135

RE:RE:RE:The dividend should go

RE:RE:RE:The dividend should goMy understanding of the board's vision his to reward shareholders by a payment of a solid dividend. It might need to be paid by increasing the debt that is very manageable for now. It's looks like this is a short term option. I am not expecting this way of reward to be extended for a long period of time. It is transitory until the price of naturel gaz increase. And this should not take for ever...Just saying...enjoy wild it last.   
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