Birchcliff Energy Ltd T.BIR

Bircliff Revenue Going Forward

[Barkis]

Assuming $6 US Gas, $75 US OIL, $50 NGL

Gas  - 350,000 MMBTU Gas X 6.00 X 365 = $765,000,000

Oil    - 9,000 X 75 X 365 = $246,000,000

NGL - 7.000 x 50  X 365 = $127,750,00

Total Yearly Revenue   Approx 1.140  Billion $US (close to $1.5 Billion CDN)

Total Operating Expenses Should be About $300M CDN(Judging from last 2 years numbers)

Edita Should come in at 1.2B CDN/Year

Bircliff pays no taxes on their next 1.6B in profits (due to previous years operating losses)

They should be debt free in early spring 2021. (720M debt outstanding as of Jun 30)
(Depending on how much they spend on new wells)


Major World Governments will be forced to subsidize energy or lockdown again.

Your Hard Earned Tax dollars are going to organizations like this.
(The only catch if you want in yhe dough is you have to keep your mouth shut)

https://www.thegatewaypundit.com/2021/10/breaking-project-veritas-pfizer-scientists-covid-antibodies-probably-better-pfizer-vaccination-video/

https://ca.finance.yahoo.com/news/france-steps-contain-energy-prices-185337785.html

[DeepValueOil88]

The LNG plants are being built!  China seeks more natgas, US needs it now-- this is low season.  Birchcliff owns its own gas plant.  Birchliff owns vast land and resources. Birchcliff has outstanding management and strategic investors. At these AECO/HH gas prices, this company is significantly undervalued and shorts who have entered this stock this month are hedging instruments

[bossu]

Total yearly revenue for Bir according to your calculation (guestimate) taking note of the commodity price increased:(close to $1.5 Billion CDN) if you look back at the Q2 revenue 2021   in the financial report is $ 407 179 000 Just to show that you will have to make some correction to your calculation  To give you some help Production in the Q2 Total production in the Q2  

[Barkis]

OK. Will take a closer look and take another stab at it sometime.

[Barkis]

Bossu You must be looking at another company's financial and not Bircliff's I see $193,000,000 million in Q2 Revenue for Bircliff not $407,000,000 They only produce about 9,000 bbls/day  light oil and condensate not 38,354 bbld/day

[bossu]

You are absolurety right and the revenue was for Vermillion and you number for the Q2 2021 and the number Bir has reported and is $ 193 643 and $ 379 252 for the H1  2021 I apology and sorry . I was just too ''focus''on VET where i'm also part of the ''game'' So $ 379 292 in 6 months for BIR and $ 1,5 B is a huge difference . Thank you for your post and

[Barkis]

VET certainly has a lot going for it with the current $39 mmbtu outside North America  gas price. A fair part of VET's France production is hedged at a much lower price I understand. Something has got to give on the European price or North American price for gas. Given the other uses for natural gas - fertilizers, synthetics, transportation... that some sort of convergence of the two