Bird River Resources Inc. is currently in a transitional phase as it shifts its focus from oil & gas exploration and development to new opportunities in the energy/power sector. With the recent sale of its Alberta and Manitoba oil and gas subsidiaries, the company is actively seeking strategic acquisitions and joint ventures to grow in the evolving market. The company is adapting to the increasing integration of the global energy system and the movement towards a low carbon economy, requiring a proactive management strategy to seize new opportunities.

Founded in 1958, Bird River Resources Inc. has a long history of involvement in mining and resource exploration projects in western Canada. Over the past twenty years, the company has concentrated on oil & gas exploration and development, with subsidiaries in southwestern Manitoba and Alberta. A significant milestone was the decision to sell these subsidiaries due to factors like oil price volatility, rising costs, and declining profitability. The company's strategic shift towards the energy/power sector and the proposed business combination/merger with Faraday Energy Inc. are key milestones in its recent history.

Bird River Resources Inc. has been involved in various mining, resource exploration, and energy projects throughout its history. One notable case study is the strategic decision to sell its Alberta and Manitoba oil and gas subsidiaries to refocus on new opportunities in the energy/power sector. This move demonstrates the company's adaptability and forward-thinking approach to navigating market challenges and capitalizing on emerging trends. The proposed business combination/merger with Faraday Energy Inc. also serves as a significant case study in the company's evolution towards a low carbon economy.

A key event in Bird River Resources Inc.'s recent history was the decision to sell its oil and gas subsidiaries in Alberta and Manitoba to pivot towards new opportunities in the energy/power sector. This strategic move reflects the company's proactive response to changing market conditions, including oil price volatility and the transition to a low carbon economy. Another important event was the announcement of a proposed business combination/merger with Faraday Energy Inc. in May 2021, demonstrating the company's commitment to growth and innovation in the evolving energy landscape.