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Bullboard - Stock Discussion Forum 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... see more

TSX:BIR - Post Discussion

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Post by shenty46 on May 12, 2021 7:47pm

Results

Results are good, they have used almost 45% of capex, out of around 220 million estimated for whole year, so next quarters are going to be just very good, dollar 6-7 stock price cannot be ruled out by december end.
Comment by Oncourse on May 13, 2021 8:39am
Your right, results are very good. They have 1 more well to drill and 12 wells left  to frac for their capex. The rest of the year is just revenue.
Comment by shenty46 on May 13, 2021 9:48am
This looks like outperforming every ng stock maybe after next three months in a very big way, dollar 6-7 expected by december.