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Birchcliff Energy Snapshot
Birchcliff Energy (formerly investment shell Scout Capital) is an oil and gas exploration and production company that operates in Alberta, and has estimated proved and probable reserves of 46.5 million barrels of oil equivalent. It produces about 10,000 barrels of oil equivalent per day. Formed in early 2004, Birchcliff Energy acquired Scout Capital in a reverse merger and became publicly traded. The proceeds of its public offering were used to fund the purchase of a natural gas processing plant and gas-producing properties in the Peace River Arch area.
