Birchcliff Energy Ltd. announced that the company updated five-year plan reflects the confidence that it has in its asset base. Building off of its strong asset performance and improved capital efficiency achieved in 2024, its updated five-year outlook provides for profitable production growth of approximately 14% over the next three years, commensurate with the increased drilling necessary to fully utilize its existing infrastructure and firm transportation capacity, reaching production of 87,500 boe/d in the second half of 2027. Thereafter, annual average production levels are expected to remain relatively stable at approximately 87,500 in 2028 and 2029.
Birchcliff Energy Ltd. Updates Production Outlook for Five-Year Plan of 2025 to 2029
Published on 01/22/2025 at 16:00
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