Issue 12 – Birchcliff Energy Ltd. – Well on the way to Returning Cash to Shareholders

Birchcliff Energy (TSX: BIR) is a Calgary-based Canadian energy company with production weighted in natural gas. Operations are focused in two areas of the B.C./Alberta Montney play: the “Pouce Coupe” and “Gordondale” areas of Alberta. Unconventional natural gas accounts for approximately 81% of production with condensates accounting for 8%, natural gas liquids 8% and light oil 3%.

 

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By Charles Marleau CIM® and William Mitchell CIM®

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By Charles Marleau CIM® and William Mitchell CIM®