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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 marketsense on Feb 01, 2023 1:39pm

Below

The cost of production for most NG producers.  Cannnot be sustained.  Producers
will start shutting in wells and cease drilling if this keeps up.  Its all about economics
and they are not looking good right now.   How can anyone sustain producing at a 
loss?
Comment by marlinbait on Feb 01, 2023 1:49pm
This post has been removed in accordance with Community Policy
Comment by AlwaysLong683 on Feb 01, 2023 4:00pm
TOU January 2023 Presentation Deck: page 4: Tourmaline has a free cash flow breakeven on a maintenance budget at US$1.50/Mcf. page 8 Base dividend will continue to grow alongside the base EP business and will remain sustainable even in sub US$2/mcf gas prices.  
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