Birchcliff Energy Ltd BIR.TO :
* . ANNOUNCES STRONG THIRD QUARTER 2018 RESULTS, STRATEGIC MONTNEY LAND ACQUISITION IN POUCE COUPE AND PRELIMINARY 2019 PLANS
* Q3 EARNINGS PER SHARE C$0.03
* Q3 EARNINGS PER SHARE VIEW C$0.05 -- THOMSON REUTERS I/B/E/S
* 2019 PRELIMINARY F&D CAPITAL SPENDING IS CURRENTLY EXPECTED TO BE APPROXIMATELY $210 MILLION
* QTRLY PRODUCTION AVERAGED 79,331 BOE/D, A 22% INCREASE FROM 65,276 BOE/D IN Q3 2017
* SEES GENERATING ANNUAL AVERAGE PRODUCTION OF APPROXIMATELY 76,000 TO 78,000 BOE/D DURING 2019
* SEES 2019 F&D CAPITAL SPENDING, PLUS ACQUISITION, TO BE ABOUT $249 MILLION
* SEES 2019 ADJUSTED FUNDS FLOW $345 MILLION
* SEES 2019 FREE FUNDS FLOW $135 MILLION
* IF ECONOMIC CONDITIONS AND COMMODITY PRICES IMPROVE, CO HAS ABILITY TO INCREASE NATURAL GAS PRODUCTION IN 2019
* BIRCHCLIFF - IF ECONOMIC CONDITIONS & COMMODITY PRICES REMAIN THE SAME/DETERIORATE, CO EXPECTS THAT IT WILL CHOOSE TO FOCUS ON DEBT REDUCTION IN 2019