CALGARY, ALBERTA--(Marketwired - Sep 8, 2014) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) today announced that its Board of Directors has declared the following dividends on its outstanding preferred shares: A quarterly cash dividend of $0.50 per share for the calendar quarter ending on September 30, 2014, on Birchcliff's outstanding Cumulative Redeemable Preferred Shares, Series A. The dividend is payable on [...]
Birchcliff Energy is pleased to announce strong financial and operational results for the second quarter of 2014 with strong second quarter production, funds flow and earnings. Birchcliff also announces a $100 million increase to its 2014 budget and an increase in exit production guidance to approximately 40,000 boe per day. The full 2014 Second Quarter Report, containing the unaudited interim condensed financial [...]
Birchcliff Energy today announced that its Board of Directors has declared the following dividends on its outstanding preferred shares: A quarterly cash dividend of $0.50 per share for the calendar quarter ending on June 30, 2014, on Birchcliff's outstanding Cumulative Redeemable Preferred Shares, Series A. The dividend is payable on June 30, 2014 to shareholders of record as at the close of business on June 16, 2014. The [...]
Birchcliff Energy is pleased to announce the director election results from the 2014 Annual General and Special Meeting of Shareholders, which was held on May 15, 2014. Each of the nominees will hold office until their successor is duly elected or appointed.
Birchcliff is pleased to announce financial and operational results for the first quarter of 2014 with record production, cash flow and earnings, a continued decrease in per unit operating costs and 2014 production and cash flow guidance. The full 2014 First Quarter Report, containing the unaudited interim condensed financial statements for the three month period ended March 31, 2014 and the related Management's [...]
Birchcliff is pleased to announce financial and operational results for the first quarter of 2014 with record production, cash flow and earnings, a continued decrease in per unit operating costs and 2014 production and cash flow guidance. The full 2014 First Quarter Report, containing the unaudited interim condensed financial statements for the three month period ended March 31, 2014 and the related Management's [...]
Birchcliff is pleased to provide estimates of its 2014 first quarter production and funds flow, provide an operational update and announce its 2013 audited financial statements. The audited financial statements are consistent with the unaudited financial results announced in the press release issued by Birchcliff on February 12, 2014. The full text of the 2013 audited financial statements and the related Management's [...]
Birchcliff today announced that its Board of Directors has declared the following dividends on its outstanding preferred shares: A quarterly cash dividend of $0.50 per share for the calendar quarter ending on March 31, 2014, on Birchcliff's outstanding Cumulative Redeemable Preferred Shares, Series A. The dividend is payable on March 31, 2014 to shareholders of record as at the close of business on March 24, 2014.
Birchcliff is pleased to announce its 2013 fourth quarter and 2013 year-end unaudited financial and operational results; provide highlights from its 2013 independent Reserves Evaluation and from its 2013 independent Montney/Doig Natural Gas Resource Assessment; announce its 2014 capital budget and provide an operational update. All financial amounts referred to in this press release are management's best estimates and [...]
Birchcliff is pleased to report the following record production volumes and updates: 2013 Exit Production Volumes. Estimated daily production during the last two weeks of December 2013 exceeded 30,000 boe per day, exceeding Birchcliff's previously estimated 2013 exit production volumes. January 2014 Production Volumes. Estimated average production was 30,500 boe per day for the first two weeks of January 2014. Acquisition [...]
Birchcliff today announced that its Board of Directors has declared the following dividends on its outstanding preferred shares: A quarterly cash dividend of $0.50 per share for the calendar quarter ending on December 31, 2013, on Birchcliff's outstanding Cumulative Redeemable Preferred Shares, Series A. The dividend is payable on December 31, 2013 to shareholders of record as at the close of business on December 16 [...]
Birchcliff is pleased to announce the closing of its $59 million disposition of its non-core Progress Doe Creek Assets. The sale transaction included approximately 520 boe per day of light oil production, 2.7 million boe of proved reserves and 4.5 million boe of proved plus probable reserves. The net proceeds of approximately $55 million, were used to reduce debt. Birchcliff will realize a significant one-time gain in net [...]