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  5. BIR: In your answer to Donald on 05 September regarding Birchcliff Energy you stated " BIR has more than $3B in oil/gas reserves " -- hopefully it has a lot more , surely you meant 3 Billion boe ( barre... [Birchcliff Energy Ltd.]
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Q: In your answer to Donald on 05 September regarding Birchcliff Energy you stated " BIR has more than $3B in oil/gas reserves " -- hopefully it has a lot more , surely you meant 3 Billion boe ( barrels of oil ) ?equivalent
Asked by Thomas A.J. on September 06, 2023
5i Research Answer:

The number quoted in the prior answer was BIR's dollar value of its assets. At December 31, 2022, Birchcliff's reserves evaluator estimated that Birchcliff had 986 MMboe of proved plus probable reserves and 669 MMboe of proved reserves.