Exploration & Production | Quarterly / Earnings Reports | Third Quarter (3Q) Update | Production Rates | Forecast - Production | Drilling Program
Birchcliff Announces 5 Year Outlook
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Birchcliff Energy Ltd. has announced strong financial and operational results for the third quarter of 2014 with record third quarter production, funds flow and earnings and record low total cash costs per boe. Birchcliff is also pleased to announce its 2019 Five Year Plan.
Current Highlights Record current production is approximately 38,000 boe per day. Birchcliff has 12 (12.0 net) Montney/Doig horizontal natural gas wells to bring on production before year end. Birchcliff confirms its 2014 production rate guidance as follows: 2014 exit rate is expected to be approximately 40,000 boe per day. 2014 fourth quarter average production is expected to be approximately 38,000 boe per day. 2014 annual average production is expected to be approximately 34,000 boe per day representing 32% growth…- ✓ Full news archive — U.S., Canada & international coverage
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