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Birchcliff Energy : Extractive Sector Transparency Measure Act Report - 2022
May 25, 2023 at 11:34 am EDT
Extractive Sector Transparency Measures Act - Annual Report
Reporting Entity Name
Birchcliff Energy Ltd.
Reporting Year
From
1/1/2022
To:
12/31/2022
Date submitted
5/24/2023
Reporting Entity ESTMA Identification Number
E575184
Original Submission
Amended Report
Other Subsidiaries Included
N/A
(optional field)
Not Consolidated
Not Substituted
Attestation by Reporting Entity
In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.
Full Name of Director or Officer of Reporting Entity
Jesse Doenz
Position Title
Controller & Investor Relations Manager
Extractive Sector Transparency Measures Act - Annual Report
Reporting Year
From:
1/1/2022
To:
12/31/2022
Reporting Entity Name
Birchcliff Energy Ltd.
Currency of the Report
CAD
Reporting Entity ESTMA
E575184
Identification Number
Subsidiary Reporting Entities (if
necessary)
Payments by Payee
Departments, Agency, etc…
Infrastructure
Total Amount paid to
Country
Payee Name1
within Payee that Received
Taxes
Royalties
Fees
Production Entitlements
Bonuses
Dividends
Notes34
Improvement Payments
Payee
Payments2
Royalties paid in-kind total
$22,025,000 and were determined on
Canada -Alberta
Government of Alberta
150,265,000
5,030,000
1,715,000
157,010,000 a fair value basis using the prevailing
commodity prices at the time of
transfer.
Canada -Alberta
Saddle Hills Municipality
9,175,000
-
9,175,000
Additional Notes:
Extractive Sector Transparency Measures Act - Annual Report
Reporting Year
From:
1/1/2022
To:
12/31/2022
Reporting Entity Name
Birchcliff Energy Ltd.
Currency of the Report
CAD
Reporting Entity ESTMA
E575184
Identification Number
Subsidiary Reporting Entities (if
necessary)
Payments by Project
Country
Project Name1
Taxes
Royalties
Fees
Production Entitlements
Bonuses
Dividends
Infrastructure
Total Amount paid by Project
Notes23
Improvement Payments
Royalties paid in-kind total $22,025,000 and
Canada -Alberta
AB Oil and Gas Extraction
9,175,000
150,265,000
5,030,000
1,715,000
166,185,000
were determined on a fair value basis using the
prevailing commodity prices at the time of
transfer.
Additional Notes3 :
Disclaimer
Birchcliff Energy Ltd. published this content on 25 May 2023 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 25 May 2023 15:33:04 UTC .
Birchcliff Energy Gets $7 Price Target from RBC Capital Markets
May. 21
MT
Birchcliff Energy Maintained at Market Perform at BMO Following Q1 Results; Price Target Raised to C$6.00
May. 16
MT
Birchcliff Energy Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024
May. 15
CI
Birchcliff Energy Q1 Loss Narrows Despite Weaker Oil and Gas Prices; Lowers 2024 Financial Guidance
May. 15
MT
Birchcliff Energy Brief: Reporting a net loss to common shareholders of $15.0 million, or $0.06 per basic common share; Provides Updated Guidance
May. 15
MT
Birchcliff Energy Ltd. Maintains Production Guidance for the Year 2024
May. 15
CI
Birchcliff Energy Ltd. Declares Dividend for the Second Quarter Ending June 30, 2024, Payable on June 28, 2024
May. 15
CI
Birchcliff Energy Ltd. Reports Unaudited Production Results for the First Quarter Ended March 31, 2024
May. 15
CI
National Bank of Canada Says Birchcliff Energy's 2023 Results In Line With Expectations
Mar. 14
MT
Birchcliff Energy Price Target Raised to $5.75 at CIBC
Mar. 14
MT
Birchcliff Energy Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023
Mar. 13
CI
RBC Capital Markets Comments On Birchcliff's Q4 2023 Results
Feb. 20
MT
Birchcliff Energy Maintained at Market Perform at BMO Following Q4 Results; Price Target Lowered to C$5.25
Feb. 15
MT
Birchcliff Energy Swings to a Fourth-Quarter Loss on Weak Natural-Gas Prices
Feb. 14
MT
Tranche Update on Birchcliff Energy Ltd.'s Equity Buyback Plan announced on November 20, 2023.
Feb. 14
CI
Tranche Update on Birchcliff Energy Ltd.'s Equity Buyback Plan announced on November 17, 2022.
Feb. 14
CI
Birchcliff Energy Brief: Quarterly net loss to common shareholders of $5.5 million in Q4 2023
Feb. 14
MT
Birchcliff Energy Ltd. Announces Operating Results for the Fourth Quarter and Full Year Ended December 31, 2023
Feb. 14
CI
Birchcliff Energy Maintained at Market Perform at BMO Following Site Tour; Price Target Kept at C$5.75
Feb. 01
MT
Birchcliff Energy Maintained at Sector Perform at National Bank Following Site Tour; Price Target Kept at C$6.50
Jan. 31
MT
RBC Capital Markets Details Q4 2023 Earnings Preview For Canadian Exploration And Production Companies
Jan. 22
MT
Birchcliff Energy Downgraded to Market Perform at Raymond James
Jan. 19
MT
Toronto market ends higher as industrial shares rally
Jan. 18
RE
Toronto Stocks Higher, Fortuna Silver Mines Down on Higher Costs, Mexican Mine Forecast
Jan. 18
DJ
Birchcliff Energy Maintained at Hold at Stifel FirstEnergy After Dividend Halved; Price Target Lowered to C$5.00
Jan. 18
MT
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
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Birchcliff Energy Ltd. is a Canada-based intermediate oil and gas company. The Company is engaged in exploring for, developing, and producing natural gas, light oil, condensate, and other natural gas Liquids (NGLs). The Company's operations concentrated within its core area, the Peace River Arch, which is centered northwest of Grande Prairie, Alberta, adjacent to the Alberta/British Columbia. It is focused on natural gas and light oil drilling areas in North America. The Company is focused on the Montney/Doig Resource Play within the Peace River Arch. It has 100% interest in its Pouce Coupe Gas Plant and two oil batteries, as well as various working interests in numerous other gas plants, oil batteries, compressors, facilities, and infrastructure. Pouce Coupe Gas Plant is in the heart of the Montney/Doig Resource Play. The Gordondale property is located northwest of Grande Prairie, Alberta and consists of the properties in Gordondale.
More about the company
Last Close Price
6.21
CAD
Average target price
6.346
CAD
Spread / Average Target
+2.19%
Consensus
+951% of historical performance
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