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Seymour Schulich selling at Birchcliff Energy (T:BIR)

Updated Monday Oct 02, 2017 02:41 AM EDT

Seymour Schulich, a 10% Holder, disposed of 8,000,000 Common Shares on an indirect ownership basis for registered holder Nevada Capital Corporation Ltd. at a price of $6.004 on September 25th, 2017. The insider also disposed of 2,000,000 Common Shares on an indirect ownership basis for registered holder The S. Schulich Foundation at a price of $6.004 on September 25th, 2017. This represents a $60,043,000 divestment of the company's shares and an account share holdings change of -25.0%.

Birchcliff Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Birchcliff Energy Ltd. is an intermediate oil and natural gas company. The Company is engaged in the exploration for and the development, production and acquisition of petroleum and natural gas reserves in Western Canada. Its operations are concentrated within core area, the Peace River Arch, which is centered over 90 kilometers northwest of Grande Prairie, Alberta, adjacent to the Alberta/British Columbia border. It is focused on over two established resource plays within the Peace River Arch: the Montney/Doig Natural Gas Resource Play and the Charlie Lake Light Oil Resource Play. The Montney/Doig Natural Gas Resource Play contains over five producing regions, including Pouce Coupe, Pouce Coupe South, Progress, Gordondale and Elmworth. The Charlie Lake reservoirs consist of varying quantities of laminated and dolomitic, silty to fine-grained sandstones. It has over 60 horizontal wells utilizing multi-stage fracture stimulation technology.

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CONDITIONS:
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6 months ago
1 year ago
Overall
Mixed
Mixed
Mostly Sunny
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Go to Birchcliff Energy Ltd. (BIR)'s company page

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