The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Marketwire

Birchcliff Energy Ltd. Announces Quarterly Preferred Share Dividend

Thursday, December 06, 2012

Birchcliff Energy Ltd. Announces Quarterly Preferred Share Dividend13:57 EST Thursday, December 06, 2012CALGARY, ALBERTA--(Marketwire - Dec. 6, 2012) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) today announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share on Birchcliff's outstanding Cumulative Redeemable Preferred Shares, Series A for the calendar quarter ending on December 31, 2012. The dividend is payable on December 31, 2012 to shareholders of record as at the close of business on December 19, 2012. The dividend is designated as an eligible dividend for purposes of the Income Tax Act (Canada).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, Cumulative Redeemable Preferred Shares, Series A and Warrants are listed for trading on the Toronto Stock Exchange under the symbols 'BIR', 'BIR.PR.A" and 'BIR.WT', respectively.FOR FURTHER INFORMATION PLEASE CONTACT: Contact Information: Jeff TonkenPresident and Chief Executive OfficerBruno GeremiaVice-President and Chief Financial OfficerJim SurbeyVice-President, Corporate DevelopmentBirchcliff Energy Ltd.Suite 500, 630 - 4th Avenue S.W.Calgary, AB T2P 0J9(403) 261-6401(403) 261-6424 (FAX)