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BRIEF-Birchcliff Energy cuts capital expenditures for 2016 to $128 mln

Published 2016-03-16, 05:19 p/m
© Reuters.  BRIEF-Birchcliff Energy cuts capital expenditures for 2016 to $128 mln
BIR
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March 16 (Reuters) - Birchcliff Energy Ltd BIR.TO :
* Birchcliff Energy Ltd announces a reduction in its 2016
capital budget, confirmation of its 2016 production guidance and
the filing of its 2015 audited annual financial statements
* Reduced its planned capital expenditures for 2016 by $12
million to $128 million
* Maintaining its annual average production guidance of
40,000 to 41,000 boe per day
* Q1 average production is forecast to be 41,500 to 42,000
boe per day

Source text for Eikon: ID:nCCN4CHsXh
Further company coverage: BIR.TO

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