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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 Sep 20, 2023 2:57pm
140 Views
Post# 35645891

RE:The worst investment in O&G patch?

RE:The worst investment in O&G patch?Don't believe Birchcliff is in such dire straits as you make out Mrmomo.  There was a time during Covid that they were close to falling off the cliff but not so now as $$ millions of debt was paid down during  the last NG run all  thanks to being unhedged. I hold Whitecap so a merger with them I would relish to no end.
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