TSX:BIROil and Gas
Is Birchcliff Energy’s (TSX:BIR) Self-Funded 2026 Plan Quietly Redefining Its Long-Term Capital Strategy?
Birchcliff Energy recently released its 2026 budget and updated five-year outlook, outlining a C$325–C$375 million capital program aimed at modest production growth while fully utilizing existing infrastructure and maintaining its quarterly dividend.
A key feature of the plan is a long-term target to lift average production to about 105,000 boe/d by 2030 while sharply reducing debt and advancing the Elmworth and Goodfare Gas Plant developments using internally generated funds.
We’ll now...