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OUR HISTORY

TIMELINE

The Following Describes the Major Events in Our History

July 6, 2004

Birchcliff incorporated under the Business Corporations Act (Alberta) as “1116463 Alberta Ltd.”

2004

January 19, 2005

Common shares commenced trading on the TSX Venture Exchange

2005

May 31, 2005

Completed the acquisition of properties in the Peace River Arch for $242.8 million, which included assets in Pouce Coupe, and amalgamated pursuant to a plan of arrangement under the Business Corporations Act (Alberta) to form “Birchcliff Energy Ltd.”

2005

July 21, 2005

Common shares commenced trading on the TSX

2005

September 22, 2007

Rig released first Montney/Doig horizontal natural gas well drilled by Birchcliff in the Pouce Coupe area

2007

March 2010

Phase I of the Pouce Coupe Gas Plant commenced operations with a processing capacity of 30 MMcf/d

2010

November 2010

Phase II of the Pouce Coupe Gas Plant commenced operations with a combined processing capacity of 60 MMcf/d

2010

October 2012

Phase III of the Pouce Coupe Gas Plant commenced operations with a combined processing capacity of 150 MMcf/d

2012

September 1, 2014

Phase IV of the Pouce Coupe Gas Plant commenced operations with a combined processing capacity of 180 MMcf/d

2014

July 28, 2016

Completed the acquisition of properties in the Gordondale area of Alberta for approximately $613.5 million

2016

March 31, 2017

Paid first quarterly dividend to common shareholders

2017

September 2017

Phase V of the Pouce Coupe Gas Plant commenced operations with a combined processing capacity of 260 MMcf/d

2017

April 3, 2018

Entered into long-term processing arrangement for 120 MMcf/d with AltaGas at the Gordondale Gas Plant

2018

August 2018

Phase VI of the Pouce Coupe Gas Plant commenced operations with a combined processing capacity of 340 MMcf/d

2018

July 1, 2024

Birchcliff assumes operatorship of the Gordondale Gas Plant

2024

Birchcliff Energy

At a Glance

Birchcliff is an intermediate oil and natural gas company based in Calgary, Alberta focused on creating long-term shareholder value with operations concentrated on the Montney/Doig Resource Play in Alberta.