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Press release from Marketwire

Birchcliff Energy Ltd. Announces Quarterly Preferred Share Dividend

Friday, September 06, 2013

Birchcliff Energy Ltd. Announces Quarterly Preferred Share Dividend

13:21 EDT Friday, September 06, 2013

CALGARY, ALBERTA--(Marketwired - Sept. 6, 2013) -

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 the following dividends on its outstanding preferred shares:

  • A quarterly cash dividend of $0.50 per share for the calendar quarter ending on September 30, 2013, on Birchcliff's outstanding Cumulative Redeemable Preferred Shares, Series A. The dividend is payable on September 30, 2013 to shareholders of record as at the close of business on September 18, 2013. The dividend is designated as an eligible dividend for purposes of the Income Tax Act (Canada); and
  • A quarterly cash dividend of $0.5190 per share for the period from June 14, 2013 to September 30, 2013, on Birchcliff's outstanding Cumulative Redeemable Preferred Shares, Series C. The dividend is payable on September 30, 2013 to shareholders of record as at the close of business on September 18, 2013. 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", "BIR.PR.C" and "BIR.WT" respectively.

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information:
Birchcliff Energy Ltd.
Jeff Tonken
President and Chief Executive Officer
(403) 261-6401
(403) 261-6424 (FAX)


Birchcliff Energy Ltd.
Bruno Geremia
Vice-President and Chief Financial Officer
(403) 261-6401
(403) 261-6424 (FAX)


Birchcliff Energy Ltd.
Jim Surbey
Vice-President, Corporate Development
(403) 261-6401
(403) 261-6424 (FAX)


Birchcliff Energy Ltd.
Suite 500, 630 - 4th Avenue S.W.
Calgary, AB T2P 0J9
www.birchcliffenergy.com

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