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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 > The worst investment in O&G patch?
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Comment by Skylar1on Sep 20, 2023 6:29pm
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Post# 35646307

RE:The worst investment in O&G patch?

RE:The worst investment in O&G patch?Bir done much better than the hedged producers in 2022 , Jeff made the right call not to hedge , yes they should have hedged in 2023 and waited to be debt free to interduce the dividend but winter in almost here gas price will rise and they are not hedged . Big money to be made the next couple quarters and they can drop or cut dividend. 
I've been adding all year. GLTA
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