CALGARY, Alberta, March 10, 2021 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce that it has filed its audited annual financial statements (the “Financial Statements”) and related management’s discussion and analysis and its annual information form (the “AIF”) for the financial year ended December 31, 2020 (collectively, the “Annual Filings”) on the System for Electronic Document Analysis and Retrieval (“SEDAR”).

The Financial Statements are consistent with the unaudited financial results disclosed in the press release issued by Birchcliff on February 10, 2021. The AIF includes the disclosure and reports relating to reserves … Continue Reading

CALGARY, Alberta, Feb. 23, 2021 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff”) (TSX: BIR) is pleased to announce that its board of directors has declared the following quarterly cash dividends for the quarter ending March 31, 2021:

Shares   TSX Stock Symbol   Dividend per Share Common Shares   BIR   $0.005   Cumulative Redeemable Preferred Shares, Series A   BIR.PR.A   $0.523375   Cumulative Redeemable Preferred Shares, Series C   BIR.PR.C   $0.4375  

The dividends are payable on March 31, 2021 to shareholders of record at the close of business on March 15, 2021. The ex-dividend date is March 12, 2021.

All of the dividends have been designated as … Continue Reading

CALGARY, Alberta, Feb. 10, 2021 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its unaudited 2020 year-end and fourth quarter financial and operational results and highlights from its independent reserves evaluation effective December 31, 2020.

Jeff Tonken, President and Chief Executive Officer of Birchcliff commented: “Birchcliff is proud to announce its fourth quarter and full-year 2020 results. 2020 was a challenging year for Birchcliff and for the industry as a whole. Despite the economic damage and pricing uncertainty caused by the COVID-19 pandemic, we were able to efficiently execute our 2020 capital … Continue Reading

CALGARY, Alberta, Jan. 20, 2021 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its 2021 capital program and updated five year plan.

“Our priorities over the next five years are to maximize free funds flow generation and strengthen our balance sheet. We believe this strategy will provide us with the most optionality to maximize long-term shareholder returns and take advantage of future opportunities. In furtherance of these priorities, our board of directors has approved an F&D capital budget of $210 million to $230 million for 2021, which targets an annual average production … Continue Reading

CALGARY, Alberta, Nov. 25, 2020 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff”) (TSX: BIR) is pleased to announce that its board of directors has declared the following quarterly cash dividends for the quarter ending December 31, 2020:

Shares   TSX Stock Symbol   Dividend per Share Common Shares   BIR   $0.005   Cumulative Redeemable Preferred Shares, Series A   BIR.PR.A   $0.523375   Cumulative Redeemable Preferred Shares, Series C   BIR.PR.C   $0.4375  

The dividends are payable on December 31, 2020 to shareholders of record at the close of business on December 15, 2020. The ex-dividend date is December 14, 2020.

All of the dividends have been designated as … Continue Reading

CALGARY, Alberta, Nov. 18, 2020 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce that the Toronto Stock Exchange (the “TSX”) has accepted the notice of Birchcliff’s intention to make a normal course issuer bid (the “NCIB”). The NCIB effectively renews the Corporation’s existing normal course issuer bid which is set to expire on November 24, 2020.

The NCIB allows Birchcliff to purchase up to 13,296,936 common shares (representing 5% of its 265,938,729 common shares outstanding as at November 13, 2020) over a period of twelve months commencing on November 25, 2020. The … Continue Reading

CALGARY, Alberta, Nov. 12, 2020 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its financial and operational results for the three and nine months ended September 30, 2020 and its preliminary outlook for 2021. Birchcliff is also excited to announce that it has discovered an extension to the Gordondale light oil pool.

“Birchcliff delivered excellent third quarter results, highlighted by quarterly adjusted funds flow of $59.4 million and free funds flow of $28.5 million, with quarterly average production of 78,376 boe/d. Our ability to drive significant cash flow in the current operating … Continue Reading

CALGARY, Alberta, Sept. 01, 2020 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff”) (TSX: BIR) is pleased to announce that its board of directors has declared the following quarterly cash dividends for the quarter ending September 30, 2020:

Shares TSX Stock Symbol Dividend per Share Common Shares BIR $0.005   Cumulative Redeemable Preferred Shares, Series A BIR.PR.A $0.523375   Cumulative Redeemable Preferred Shares, Series C BIR.PR.C $0.4375  

The dividends are payable on September 30, 2020 to shareholders of record at the close of business on September 15, 2020. The ex-dividend date is September 14, 2020.

All of the dividends have been designated as … Continue Reading

CALGARY, Alberta, Aug. 12, 2020 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its financial and operational results for the three and six months ended June 30, 2020. Birchcliff’s unaudited interim condensed financial statements for the three and six months ended June 30, 2020 and related management’s discussion and analysis (the “MD&A”) will be available on its website at www.birchcliffenergy.com and on SEDAR at www.sedar.com. Birchcliff is also pleased to provide an operational update.

PRESIDENT’S MESSAGE TO SHAREHOLDERS

I am pleased to advise that we were approximately 50% ahead of our … Continue Reading

CALGARY, Alberta, June 02, 2020 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff”) (TSX: BIR) is pleased to announce that its board of directors has declared the following quarterly cash dividends for the quarter ending June 30, 2020:

Shares   TSX Stock Symbol   Dividend per Share Common Shares   BIR   $0.005   Cumulative Redeemable Preferred Shares, Series A   BIR.PR.A   $0.523375   Cumulative Redeemable Preferred Shares, Series C   BIR.PR.C   $0.4375  

The dividends are payable on June 30, 2020 to shareholders of record at the close of business on June 15, 2020. The ex-dividend date is June 12, 2020.

All of the dividends have been designated as … Continue Reading