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BRIEF-Birchcliff Energy announces third quarter results

Published 2015-11-11, 04:18 p/m
© Reuters.  BRIEF-Birchcliff Energy announces third quarter results
BIR
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Nov 11 (Reuters) - Birchcliff Energy Ltd BIR.TO :
* Announces strong third quarter results, strong quarterly production, record
low operating costs and confirms 2015 production guidance
* Q3 earnings per share C$0.03
* Q3 earnings per share view C$0.00 -- Thomson Reuters I/B/E/S
* Says quarterly average production of 38,433 boe per day
* Production during October 2015 averaged approximately 40,500 boe per day
* Says confirms its 2015 production guidance
* Says on budget to meet its $250 million capital expenditure program for 2015
* Anticipates that its capital expenditures in the fourth quarter of 2015 will
be less than its funds flow for the quarter
* Says 2015 annual average production is expected to be 39,000 to 40,000 boe
per day
* Expects $800 million three-year term revolving credit facility will be
increased on completion of annual credit review in May 2016

* Source text for Eikon urn:newsml:reuters.com:*:nCCN6rVZVV

* Further company coverage BIR.TO

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