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Bullboard - Stock Discussion Forum
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.
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TSX:BIR - Post Discussion
Birchcliff Energy Ltd
> AAV up 6%, KEL up 7%.........
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•••
slipperyslope2
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Post by
slipperyslope2
on Feb 22, 2021 11:13am
AAV up 6%, KEL up 7%.........
BIR up 0.6%. Where is all the benefits of being unhedged.
(5)
•••
GuidoSan1
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Comment by
GuidoSan1
on Feb 22, 2021 12:24pm
Debt vs opportunity, one should continue to show patience until that 1st quarter report comes out April to see the benefits, and only then IMO can you call the company out if it's not reflected in flow thru cash and debt reduction. Accumulation still underway in my opinion as was noted by another, just look at the substantial rise in short contracts in January, sure something's up lol
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