Edition:
United States

Birchcliff Energy Ltd (BIR.TO)

BIR.TO on Toronto Stock Exchange

7.66CAD
2:11pm EDT
Change (% chg)

$0.02 (+0.26%)
Prev Close
$7.64
Open
$7.63
Day's High
$7.78
Day's Low
$7.51
Volume
1,197,121
Avg. Vol
1,360,864
52-wk High
$10.50
52-wk Low
$4.04

Latest Key Developments (Source: Significant Developments)

Birchcliff Energy Ltd Announces Increase in Ownership by Seymour Schulich
Monday, 27 Mar 2017 10:40am EDT 

Birchcliff Energy Ltd : Birchcliff Energy Ltd - seymour schulich has acquired an additional 2.5 million common shares of Birchcliff .Birchcliff Energy Ltd - Birchcliff has signed agreements for firm service transportation of 175,000 gj/d of natural gas.  Full Article

BIRCHCLIFF ENERGY ANNOUNCES SALES PROCESS FOR CHARLIE LAKE LIGHT OIL RESOURCE PLAY
Tuesday, 21 Mar 2017 11:00am EDT 

Birchcliff Energy Ltd : PURSUE SALE OF OIL ,NATURAL GAS PROPERTIES,RELATED ASSETS ON CHARLIE LAKE LIGHT OIL RESOURCE PLAY . BIRCHCLIFF HAS ENGAGED A MARKETING AGENT TO SEEK POTENTIAL PURCHASERS .EXPECTS ANY CASH PROCEEDS RESULTING FROM COMPLETED DEAL WILL BE USED TO INITIALLY REDUCE INDEBTEDNESS UNDER CO'S CREDIT FACILITIES.  Full Article

Birchcliff Energy says expects Q1 average production to be about 62,000 boe/d
Wednesday, 15 Mar 2017 04:00pm EDT 

Birchcliff Energy Ltd : Birchcliff Energy Ltd announces filing of its 2016 year end disclosure documents, highlights of its montney/doig resource assessment and retirement of senior executive . Birchcliff Energy Ltd - 2017 Q1 average production is forecast to be approximately 62,000 boe/d . Birchcliff Energy Ltd - Birchcliff confirms its 2017 annual average production guidance of 70,000 to 74,000 boe/d .Birchcliff Energy Ltd - confirms 2017 Q4 average production guidance of 80,000 to 82,000 boe/d.  Full Article

Birchcliff Energy Ltd posts Q2 FFO per share $0.09
Wednesday, 10 Aug 2016 04:00pm EDT 

Birchcliff Energy Ltd : Quarterly average production of 39,513 boe/d and operating costs of $3.45 per boe . Sees estimated 2016 Q4 average production 62,000-63,000 boe/d . Birchcliff Energy Ltd sees estimated 2016 net capital expenditures $145 million .Qtrly FFO per share $0.09.  Full Article

Birchcliff Energy raises 2016 production guidance to 49,000 - 51,000 boe/d
Thursday, 28 Jul 2016 12:36pm EDT 

Birchcliff Energy Ltd: Increased its 2016 annual average production guidance to 49,000 to 51,000 boe/d from 40,000 to 41,000 boe/d . Expects that its net capital expenditures for 2016 will be increased by approximately $36.5 million to approximately $140 million. .Revolving credit facilities have been amended to increase borrowing base to $950 million from $750 million.  Full Article

Birchcliff Energy enters agreement with Schulich Foundation to sell 3 mln subscription receipts at a price of $6.25 per receipt
Thursday, 7 Jul 2016 05:01pm EDT 

Birchcliff Energy Ltd : Subscription agreement with schulich foundation to sell 3 million subscription receipts at a price of $6.25 per subscription receipt .Birchcliff announces filing of final short form prospectus, expected closing of financings for gross proceeds of $690.8 million and refiling of annual information form.  Full Article

Birchcliff Energy Q1 loss per share c$0.09
Wednesday, 11 May 2016 04:33pm EDT 

Birchcliff Energy Ltd : Quarterly average production of 41,958 boe per day in q1 of 2016, a 9% increase . Net planned capital expenditures for 2016 have been reduced to $103.5 million . Annual average production guidance for 2016 remains unchanged at 40,000 to 41,000 boe per day . Qtrly funds flow of $0.14 per basic common share . Made decision to defer completion, equipping, tie-in of two montney/doig horizontal wells that we drilled in q1 of 2016 until 2017 . Estimated total capital expenditures for 2016 have been reduced from $128.0 million to $122.5 million . Birchcliff energy ltd. Announces 2016 first quarter results and record quarterly average production . Q1 loss per share c$0.09 .Q1 earnings per share view c$-0.10 -- Thomson Reuters I/B/E/S.  Full Article

Birchcliff Energy Ltd announces quarterly preferred share dividends
Wednesday, 2 Dec 2015 12:15pm EST 

Birchcliff Energy Ltd:Says quarterly cash dividend of $0.50 per share for the calendar quarter ending on Dec. 31, on Birchcliff's outstanding Cumulative Redeemable Preferred Shares, Series A.Payable on Dec. 31, to shareholders of record as at the close of business on Dec. 15.Quarterly cash dividend of $0.4375 per share for the calendar quarter ending on Dec. 31, on Birchcliff's outstanding Cumulative Redeemable Preferred Shares, Series C.Payable on Dec. 31 to shareholders of record as at the close of business on Dec. 15.  Full Article

Birchcliff Energy Ltd reaffirms FY 2015 production guidance; gives Q4 2015 production guidance; gives FY 2016 production guidance
Wednesday, 11 Nov 2015 04:00pm EST 

Birchcliff Energy Ltd:Confirms FY 2015 production guidance of 39,000 to 40,000 boe per day.Sees Q4 2015 average and 2015 exit production is expected to be 41,000 to 42,000 boe per day.Says strong average production is expected in Q1 2016.  Full Article

Birchcliff Energy Ltd gives Q4 2015 production guidance; raises low end of prior FY 2015 production guidance
Wednesday, 12 Aug 2015 04:00pm EDT 

Birchcliff Energy Ltd:Expects average production in the Q4 2015 by about 2,000 boe per day to 41,000 to 42,000 boe per day.Expects FY 2015 annual average production is expected to be 39,000 to 40,000 boe per day, revised upwards from Birchcliff's previous guidance of 38,000 to 40,000 boe per day, representing a range of 16% to 19% growth above the annual average of 33,734 boe per day in 2014.  Full Article

More From Around the Web

BRIEF-Birchcliff Energy Ltd Announces Increase in Ownership by Seymour Schulich

* Birchcliff Energy Ltd - seymour schulich has acquired an additional 2.5 million common shares of Birchcliff