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Birchcliff Energy Ltd. Announces Sales Process for Charlie Lake Light Oil Resource Play

March 21, 2017 via Globenewswire Tagged With: TSX VENTURE :BIR, TSX:BIR

CALGARY, ALBERTA–(Marketwired – March 21, 2017) – Birchcliff Energy Ltd. (“Birchcliff”) (TSX:BIR) today announced that it will pursue the sale of its oil and natural gas properties and related assets on the Charlie Lake Light Oil Resource Play located in the Peace River Arch of Alberta (the “Assets“).

“The successful growth of our Montney/Doig Resource Play has resulted in us not allocating any significant capital to our Charlie Lake Light Oil Resource Play. Accordingly, we have chosen to seek potential purchasers for our Charlie Lake Light Oil Resource Play, which includes our highly skilled, multi-disciplinary team that has been managing … Continue Reading

Birchcliff Energy Ltd. Announces Filing of Its 2016 Year End Disclosure Documents, Highlights of Its Montney/Doig Resource Assessment and Retirement of Senior Executive

March 15, 2017 via Globenewswire Tagged With: TSX VENTURE :BIR, TSX:BIR

CALGARY, ALBERTA–(Marketwired – March 15, 2017) – Birchcliff Energy Ltd. (“Birchcliff”) (TSX:BIR) is pleased to announce that it has filed its Annual Information Form (the “AIF“) and its Audited Annual Financial Statements and related Management’s Discussion and Analysis for the financial year ended December 31, 2016 (collectively, the “Annual Filings“) on the System for Electronic Document Analysis and Retrieval (“SEDAR“). Birchcliff is also pleased to provide highlights of its 2016 Independent Montney/Doig Resource Assessment and an operational update.

The 2016 Audited Annual Financial Statements are consistent with the unaudited financial results disclosed in the press release issued by Birchcliff on … Continue Reading

Birchcliff Energy Ltd. Announces Declaration of First Common Share Quarterly Dividend and Preferred Share Dividends

March 1, 2017 via Globenewswire Tagged With: TSX VENTURE :BIR, TSX:BIR

CALGARY, ALBERTA–(Marketwired – March 1, 2017) – Birchcliff Energy Ltd. (“Birchcliff”) (TSX:BIR) is pleased to announce that its board of directors has declared a quarterly cash dividend of $0.025 per common share for the calendar quarter ending March 31, 2017 on Birchcliff’s outstanding common shares. The dividend is payable on March 31, 2017 to shareholders of record at the close of business on March 15, 2017.

This is the first quarterly dividend that has been declared on Birchcliff’s common shares. In November 2016, Birchcliff’s board of directors approved a quarterly dividend policy for its common shares. This policy established that … Continue Reading

Birchcliff Energy Ltd. Announces 2016 Year-End Results, Material Reserves Additions, 2017 Capital Program and Strong Gordondale Drilling Results

February 8, 2017 via Globenewswire Tagged With: TSX VENTURE :BIR, TSX:BIR

CALGARY, ALBERTA–(Marketwired – Feb. 8, 2017) – Birchcliff Energy Ltd. (“Birchcliff”) (TSX:BIR) is pleased to announce its unaudited 2016 year-end and fourth quarter financial and operational results, highlights from its independent reserves evaluations effective December 31, 2016 and its 2017 capital expenditure program. Birchcliff is also pleased to provide an operational update and the results of its recent drilling in Pouce Coupe and Gordondale.

Jeff Tonken, President and Chief Executive Officer of Birchcliff, stated: “Our 2016 results showcase Birchcliff as one of the industry leading low-cost producers and finders of natural gas, oil and liquids in the Peace River Arch … Continue Reading

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