Birchcliff Energy Advances 2024 Capital Program
Company Announcements

Birchcliff Energy Advances 2024 Capital Program

Birchcliff Energy Ltd. (TSE:BIR) has released an update.

Birchcliff Energy Ltd. has completed its annual financial reporting for 2023 and is actively progressing with a disciplined capital budget for 2024, focusing on high-return wells and maintaining a strong balance sheet. The company is adapting its drilling schedule to optimize for anticipated commodity price improvements, delaying some wells to later in the year, while also planning for a new gas processing plant in Elmworth. Investors can expect further updates on Birchcliff’s capital program and well performance with its Q1 2024 results due on May 15, 2024.

For further insights into TSE:BIR stock, check out TipRanks’ Stock Analysis page.

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