Pouce Coupe

Pouce Coupe is Birchcliff's flagship Montney Resource Play core operating area in Alberta, geologically situated in the dry natural gas and liquids-rich natural gas trends of the Montney. Together with Gordondale (collectively 'Greater Pouce') it hosts the majority of the Corporation's production and infrastructure, including the 100% owned and operated Pouce Coupe Gas Plant. 2025 annual avg production: 58,249 boe/d (73% of corporate) vs 54,091 boe/d in 2024 (+8% YoY), driven by high-rate condensate-rich Montney wells; Q4 2025 production climbed to 61,079 boe/d (+11% YoY) at 74% of corporate. Liquids-to-gas ratio 18.2 bbl/MMcf. 2025 F&D capex allocation: $169.9 million (56% of Group F&D) for drilling and completions of new Montney wells in Pouce Coupe, plus a share of $70.3 million (23%) on well equipment and facilities for the Greater Pouce. Q4 2025 F&D included $23.5M (48% of Q4 F&D) for Pouce Coupe drilling and completions.