Birchcliff Energy Ltd. Announces Declaration of Common Share Quarterly Dividend and Preferred Share Dividends

CALGARY, ALBERTA -- (Marketwired) -- 11/30/17 -- Birchcliff Energy Ltd. ("Birchcliff") (TSX: BIR) is pleased to announce that its board of directors has declared the following quarterly cash dividends for the calendar quarter ending December 31, 2017:

Shares                                  TSX Stock Symbol  Dividend per Share
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Common Shares                                        BIR              $0.025

Cumulative Redeemable Preferred Shares,
 Series A                                       BIR.PR.A           $0.523375

Cumulative Redeemable Preferred Shares,
 Series C                                       BIR.PR.C             $0.4375

The dividends are payable on January 2, 2018 to shareholders of record at the close of business on December 15, 2017. All of the dividends have been designated as eligible dividends for the purposes of the Income Tax Act (Canada).

About Birchcliff:

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 and Cumulative Redeemable Preferred Shares, Series A and Series C, are listed for trading on the Toronto Stock Exchange under the symbols "BIR", "BIR.PR.A" and "BIR.PR.C", respectively.

Contacts:
Birchcliff Energy Ltd.
Suite 1000, 600 - 3rd Avenue S.W.
Calgary, AB T2P 0G5
Tel: [phone]

[phone] (FAX)
Email: [e-mail]
www.birchcliffenergy.com

Jeff Tonken
President and Chief Executive Officer

Bruno Geremia
Vice-President and Chief Financial Officer