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BRIEF-BIRCHCLIFF ENERGY ANNOUNCES SALES PROCESS FOR CHARLIE LAKE LIGHT OIL RESOURCE PLAY
March 21, 2017 / 3:11 PM / 4 months ago

BRIEF-BIRCHCLIFF ENERGY ANNOUNCES SALES PROCESS FOR CHARLIE LAKE LIGHT OIL RESOURCE PLAY

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March 21 (Reuters) - Birchcliff Energy Ltd

* PURSUE SALE OF OIL ,NATURAL GAS PROPERTIES,RELATED ASSETS ON CHARLIE LAKE LIGHT OIL RESOURCE PLAY

* BIRCHCLIFF HAS ENGAGED A MARKETING AGENT TO SEEK POTENTIAL PURCHASERS

* EXPECTS ANY CASH PROCEEDS RESULTING FROM COMPLETED DEAL WILL BE USED TO INITIALLY REDUCE INDEBTEDNESS UNDER CO'S CREDIT FACILITIES Source text for Eikon: Further company coverage:

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