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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 > company needed that divy cut
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Comment by PlutusofCreteon Feb 05, 2024 12:37pm
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Post# 35863305

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:company needed that divy cut

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:company needed that divy cutI think they are getting benefit for their Entropy investment and probably some hedges...but it is just a matter of time with their AECO exposure...the drop is coming. AECO will go to $0 or negative as it has done in previous summers. So sad how quickly this cycle has fallen apart. : ( 

Looking to re-enter my position after Q3 2024 results or 2025 Budget Update in Jan 2025
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