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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 > Do I see a gap at $3.75?
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Post by houbahopon Dec 11, 2023 4:36am
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Post# 35777328

Do I see a gap at $3.75?

Do I see a gap at $3.75?Would not be surprised to see it filled in the coming weeks.

BIR has now no choice but remove this insane dividend and it could be ugly for the share price.

Natgas prices are way much to low to have any kind of dividend if they entertain a responsible policy.
With Natgas prices under $2/Gj, they must start to operate in survival mode.

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