Quarterly / Earnings Reports | Fourth Quarter (4Q) Update | Forecast - Production | Capital Markets | Capital Expenditure | Drilling Program - Wells | Capital Expenditure - 2018
Birchcliff Keeping Spending Steady YOY for 2018; Talks Q4 Results
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Birchcliff has reported its Q4 2017 results as well as its 2018 outlook.
2018 Plan- 2018 Capex: $255 million (relatively flat from $262 million spent in 2017)
Drilling & Development: $149.9 million Facilities & Infrastructure: $66.9 million Other: $17.1 million- 2018 Production: 76,000 to 78,000 boe/d
- Drilling Plans: Drill 27 net wells
A continued focus on oil and NGLs production and field delineation of the Montney D1 and D2 intervals in Gordondale and further exploration and delineation of liquids-rich trends in the Montney D1, D2 and C intervals in Pouce Coupe. Q4 2017 Highlights Record annual average production 67,963 boe/d, a 38% increase from 49,236 boe/d in 2016. Production consisted of approximately 79% natural gas, 9% light oil and 12% NGLs as compared to 83%…- ✓ Full news archive — U.S., Canada & international coverage
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