Birchcliff Energy Ltd. 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 [...]
Birchcliff Energy Ltd. 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 [...]
Birchcliff Energy Ltd. 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 [...]
Birchcliff Energy Ltd. is pleased to announce that the Toronto Stock Exchange has accepted the notice of Birchcliff’s intention to make a normal course issuer bid . 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 over a period of twelve months commencing on November 25, 2020 [...]
Birchcliff Energy Ltd. 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 [...]
Birchcliff Energy Ltd. 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 [...]
Birchcliff Energy Ltd. 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 will be available on its website at www.birchcliffenergy.com and on SEDAR at www.sedar.com. Birchcliff is also pleased to provide [...]
Birchcliff Energy Ltd. 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 [...]
Birchcliff Energy Ltd. is pleased to announce that at its Annual and Special Meeting of Shareholders held on May 14, 2020 , shareholders elected all five of the proposed nominees listed in Birchcliff’s information circular dated March 25, 2020 . In addition, shareholders approved all other matters voted upon at the Meeting. The matters voted upon at the Meeting were discussed in detail in the Information Circular, a copy [...]
Birchcliff Energy Ltd. is pleased to announce its financial and operational results for the three months ended March 31, 2020 and the confirmation of the borrowing base limit under its credit facilities at $1.0 billion. “Our industry is facing unprecedented challenges as a result of the impacts from the global COVID-19 pandemic which has resulted in a significant reduction in worldwide oil demand. We believe that [...]
Birchcliff Energy Ltd. is pleased to announce that it has filed its audited annual financial statements and related management’s discussion and analysis and its annual information form for the financial year ended December 31, 2019 on the System for Electronic Document Analysis and Retrieval . The audited annual financial statements are consistent with the unaudited financial results disclosed in the press release [...]
Birchcliff Energy Ltd. is pleased to announce that its board of directors has declared the following quarterly cash dividends for the quarter ending March 31, 2020: Shares TSX Stock Symbol Dividend per Share Common Shares BIR $0.02625 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, 2020 to [...]