Birchcliff Energy Ltd 2019 AR2
The report outlines Birchcliff Energy's financial and operational performance for the fiscal year 2019, highlighting record annual average production of 77,977 boe/d and a 12% reduction in operating costs. The company consolidated its land position in the Montney play through a strategic acquisition and continued its commitment to environmental stewardship, safety, and community relations. Birchcliff maintained its Alberta Certificate of Recognition (COR) safety certification and actively managed its decommissioning obligations. Despite a challenging commodity price environment, the company generated significant adjusted funds flow and distributed dividends to shareholders.
Company: Birchcliff Energy Ltd
Sector: Energy
Country: Canada
Year: 2019
Type: AR2
Pages: 142
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Birchcliff Energy Ltd
Annual Report
The report outlines Birchcliff Energy's financial and operational performance for the fiscal year 2019, highlighting record annual average production of 77,977 boe/d and a 12% reduction in operating costs. The company consolidated its land position in the Montney play through a strategic acquisition and continued its commitment to environmental stewardship, safety, and community relations. Birchcliff maintained its Alberta Certificate of Recognition (COR) safety certification and actively managed its decommissioning obligations. Despite a challenging commodity price environment, the company generated significant adjusted funds flow and distributed dividends to shareholders.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available