Birchcliff Energy Ltd. is pleased to announce its unaudited 2024 full-year and fourth quarter financial and operational results and highlights from its independent reserves evaluation effective December 31, 2024. "Due to the success of our 2024 capital program and driven by our improved capital efficiencies, we delivered annual average production of 76,695 boe/d and adjusted funds flow of $236.8 million and returned [...]
TORONTO, Jan. 22, 2025 /CNW/ - Trading resumes in: Company: Birchcliff Energy Ltd. TSX Symbol: BIR All Issues: Yes Resumption : 4:30 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity [...]
TORONTO, Jan. 22, 2025 /CNW/ - The following issues have been halted by CIRO: Company: Birchcliff Energy Ltd. TSX Symbol: BIR All Issues: Yes Reason: Dissemination Halt Time : 4:02 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which [...]
Birchcliff Energy Ltd. is pleased to announce its 2025 budget and guidance and its updated five-year outlook and capital allocation strategy for 2025 to 2029. Chris Carlsen, Birchcliff's President and Chief Executive Officer, commented: "Our 2024 capital program successfully delivered on our strategy to improve our capital efficiency through enhanced well performance, as well as to reduce our costs through strong [...]
Birchcliff Energy Ltd. is pleased to announce that the Toronto Stock Exchange has accepted the Corporation's notice of intention to make a normal course issuer bid . The NCIB allows Birchcliff to purchase up to 13,489,975 common shares, which represents 5% of its 269,799,514 common shares outstanding as at November 14, 2024. The NCIB will commence on November 27, 2024 and will terminate no later than November 26, 2025 [...]
Birchcliff Energy Ltd. is pleased to announce its Q3 2024 financial and operational results and its preliminary guidance for 2025. Birchcliff is also pleased to announce that its board of directors has declared a quarterly cash dividend of $0.10 per common share for the quarter ending December 31, 2024. "Birchcliff's third quarter results highlight the continuing success of our operational execution and performance in [...]
Birchcliff Energy Ltd. is pleased to announce its Q2 2024 financial and operational results. Birchcliff is also pleased to announce that its board of directors has declared a quarterly cash dividend of $0.10 per common share for the quarter ending September 30, 2024. "We continued with the successful execution of our capital program in the second quarter, bringing 11 wells on production. These wells are exceeding our [...]
Agreement Should Reduce Long-term Operating Costs, Increase LPGs to Premium Global Markets, and Drive Shareholder Value for Both Companies All figures contained in the press release are in Canadian dollars unless otherwise stated. CALGARY, Alberta, June 13, 2024 -- Birchcliff Energy Ltd. and AltaGas Ltd. are pleased to announce an expanded partnership focused on reducing long-term operating costs and connecting more [...]
Birchcliff Energy Ltd. is pleased to announce that at its Annual Meeting of Shareholders held on May 16, 2024 , shareholders elected all six of the proposed nominees listed in Birchcliff's information circular dated March 27, 2024 and 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 of which is available on SEDAR+ at [...]
Birchcliff Energy Ltd. is pleased to announce its Q1 2024 financial and operational results and updated guidance for 2024. "We remain focused on strengthening our business and our capital efficiencies by continuously improving our well results and reducing our costs. We successfully executed our Q1 2024 capital program, drilling 11 wells and bringing five wells on production utilizing our latest completions design. The [...]
Birchcliff Energy Ltd. is pleased to announce that it has filed its annual audited financial statements and related management's discussion and analysis and its annual information form for the financial year ended December 31, 2023 . The AIF contains the reserves data and other oil and gas information as required by National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities. The financial and reserves [...]
Birchcliff Energy Ltd. is pleased to announce its unaudited 2023 full-year and fourth quarter financial and operational results and highlights from its independent reserves evaluation effective December 31, 2023. "In 2023, we delivered annual average production of 75,699 boe/d and adjusted funds flow of $306.8 million and returned $224.8 million to shareholders through common share dividends and share repurchases under [...]