Operator · Montney Shale
Birchcliff Energy Ltd.
29 articles mentioning Birchcliff Energy Ltd. · Page 1 of 2
Birchcliff Targets Higher 2026 Output on Larger Capital Budget
Birchcliff’s updated 2025 plan targets higher production within a tightened capital range, supported by faster cycle times and lower costs. The company increased 2025 annual average production guidance to 79,000 to 80,000 boe/d and tightened 2025...
Birchcliff Energy Second Quarter 2022 Results
Birchcliff Energy Ltd. reported its second quarter 2022 results. Jeff Tonken, Chief Executive Officer of Birchcliff, said: “Birchcliff had a record quarter in Q2 2022. We remain confident that Birchcliff will reach zero total debt and...
Birchcliff Energy First Quarter 2021 Results
Birchcliff Energy Ltd. reported its Q1 2021 results. Birchcliff is maintaining its 2021 F&D capital expenditures guidance and increasing its 2021 production, adjusted funds flow and free funds flow guidance. Q1 2021 Highlights: Achieved quarterly average...
Birchcliff IDs 2021 Capex; Drilling Down, Completions Flat vs. 2020
Birchcliff Energy Ltd. detailed its 2021 plan as well as updated its Q1 drilling ops. 2021 Plan - Capex: $210-230 million - down 21% vs. 2020 levels of $276.8MM D&C: $153-167 million Facilities & Infrastructure: $25-28...
Birchcliff Energy Fourth Quarter, Full Year 2020 Results
Birchcliff Energy Ltd. reported its Q4 and full year 2020 results. 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...
Birchcliff Energy Third Quarter 2020 Results
Birchcliff Energy Ltd. reported its Q3 2020 results. Q3 2020 Highlights Delivered adjusted funds flow of $59.4 million ($0.22 per basic common share) in Q3 2020, a 174% increase from Q2 2020 and a 6% decrease...
Birchcliff Ramps Up Spending, D&Cs; for 2020; Production to Only Grow 4% YOY
Birchcliff Energy Ltd. has detailed its 2020 capital program, 2020 guidance and new five year plan. The company is ramping up spending, drilling and completion activity quite a bit (45%, 58% and 69%, respectively). However, despite...
Birchcliff Reports Q3 2019 Results
Birchcliff Energy Ltd. reported its Q3 2019 results. “We had solid results in the third quarter, which were underpinned by the strong performance of our assets, our low-cost structure and the successful execution of our capital...
Birchcliff Energy Increasing Montney 2019 Capex and Wells Planned
Birchcliff Energy announce its financial and operational results for the three and six months ended June 30, 2019 and an expanded 2019 capital program. Expanded 2019 Capital Program and Revised Guidance Birchcliff has expanded its 2019...
Birchcliff Energy Adds to Board of Directors
Birchcliff Energy announced that Ms. Stacey McDonald has been appointed as a director of Birchcliff effective December 14, 2018. In addition, Birchcliff announces that Ms. Rebecca Morley has resigned as a director of Birchcliff effective December...
Birchcliff Energy Reported Top Montney Well Results; 1097 Boe/d; Production Growth
Birchliff Energy reported its 2Q 2018, of note is the top wells the company sported. Highlights Production averaged 76,296 boe/d in the second quarter of 2018, an 18% increase from 64,636 boe/d in the second quarter...
Birchcliff Keeping Spending Steady YOY for 2018; Talks Q4 Results
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:...
Birchcliff Cuts 2018 Montney CapEx; Production Growth 18 Percent
Birchcliff released its Q3 results where it discussed highlights from the quarter and preliminary budget plans for 2018. Highlights include: Achieved a company record quarterly average production of 65,276 boe/d, a 20% increase from Q3 2016...
Birchcliff Production Jumps +64% to 64.6 MBOEPD; Capex Raised
Birchcliff reported its Q2 2017 results. Highlights include: Record Production: 64,636 boe/d, a 64% increase from 39,513 boe/d in the second quarter of 2016 Increased 2017 Capex: Birchcliff's Board of Directors has approved an increased 2017...
Birchcliff Ditching Charlie Lake Assets in Favor of the Montney
Birchcliff Energy will pursue the sale of its oil and natural gas properties and related assets on the Charlie Lake Light Oil Resource Play located in the Peace River Arch of Alberta.
Birchcliff Eyes 75% Production Increase for 2017; ~72,000 BOEPD
Birchcliff is pleased to announce that its annual average production for 2017 is expected to be 70,000 to 74,000 boe/d.
Birchcliff to Grow Production Over 60% in 2017; 80 MBOEPD
Birchcliff Energy reported its Q3 2016 results as well as its 2017 outlook.
Birchcliff Drops Down 2016 Capex to $128MM; 13 Wells Planned
Birchcliff Energy Ltd. has reduced its planned capital expenditures for 2016 by $12 million to...
Birchcliff Hits Record Production in 4Q; 38,950 BOEPD
The company's proved plus probable reserves also increased 23% to 572.9 MMboe.
Birchcliff Betting on the Montney for 2016; 15 Wells, $140MM
Birchcliff Energy Ltd. has detailed its 2015 results as well as its 2016 capital budget.