Le Lézard
Classified in: Oil industry, Business
Subject: DIVIDENDS

Birchcliff Energy Ltd. Announces Declaration of Common Share Quarterly Dividend and Preferred Share Dividends


CALGARY, ALBERTA--(Marketwired - Nov. 30, 2017) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to announce that its board of directors has declared the following quarterly cash dividends for the calendar quarter ending December 31, 2017:

Shares TSX Stock Symbol Dividend per Share
     
Common Shares BIR $0.025
     
Cumulative Redeemable Preferred Shares, Series A BIR.PR.A $0.523375
     
Cumulative Redeemable Preferred Shares, Series C BIR.PR.C $0.4375

The dividends are payable on January 2, 2018 to shareholders of record at the close of business on December 15, 2017. All of the dividends have been designated as eligible dividends for the purposes of the Income Tax Act (Canada).

About Birchcliff:

Birchcliff is a Calgary, Alberta based intermediate oil and gas company with operations concentrated within its one core area, the Peace River Arch of Alberta. Birchcliff's Common Shares and Cumulative Redeemable Preferred Shares, Series A and Series C, are listed for trading on the Toronto Stock Exchange under the symbols "BIR", "BIR.PR.A" and "BIR.PR.C", respectively.


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