SERIES C PREFERRED SHARES Process for redemption by a holder of Series C Preferred Shares Phone: (403) 261-6401 Fax: (403) 261-6424 Emergency (24 hours) 1-866-566-2923 Legal Advisories Site Map Privacy Policy 2021 Birchcliff Energy Ltd. All Rights Reserved.

CALENDAR November 2021 today Sun Mon Tue Wed Thu Fri Sat 31 1 2 3 4 5 6 7 8 9 10 11 12 13 Expected Q3/21 Results Release 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 Phone: (403) 261-6401 Fax: (403) 261-6424 Emergency (24 hours) 1-866-566-2923 Legal Advisories Site Map Privacy Policy 2021 Birchcliff Energy Ltd. All Rights Reserved.

ANALYST COVERAGE AltaCorp Patrick O'Rourke Beacon Securities Lyndon Dunkley BMO Randy Ollenberger Canaccord Anthony Petrucci CIBC Chris Thompson Cormark Garett Ursu Eight Capital Phil Skolnick Haywood Christopher Jones iA Securities Elias Foscolos Maison Josef I. Schachter McDep Kurt Wulff NBF Dan Payne Paradigm Capital Adam Gill Peters Dan Grager RBC Michael Harvey RJ Jeremy McCrea Scotia Cameron Bean TD Aaron Bilkoski Phone: (403) 261-6401 Fax: (403) 261-6424 Emergency (24 hours) 1-866-566-2923 Legal Advisories Site Map Privacy Policy 2021 Birchcliff Energy Ltd. All Rights Reserved.

CORPORATE PRESENTATION SUMMARY GROWTH BY THE DRILL BIT Corporate Presentation HIGH WORKING INTEREST, OPERATED PRODUCTION, LOW OPERATING COSTS, SURROUNDED BY A LARGE, UNDEVELOPED LAND BASE WHERE BIRCHCLIFF HAS OWNERSHIP CONTROL OR ACCESS TO INFRASTRUCTURE. CORPORATE SUMMARY 2020 Average Production 76,401 boe/day 2020 Adjusted Funds Flow $185 Million $0.69/Share Q3 2021 Average Production 84,924 boe/day Q3 2021 Adjusted Funds Flow $168.1 Million $0.63/Share 2021 Estimated Average Production 79,000 - 80,000 boe/day Operating Costs per BOE Q3 2021 $2.96/boe 2021 Capital Expenditure Program $225 - $230 Million Drawn Bank Debt at September 30/21 $648 Million Total Debt at September 30/21 $638 Million TSX BIR, BIR PR.A, BIR PR.C Total Credit Facilities $850 Million Montney/Doig Land Position (sections at Dec 31, 2020) 415.7 Net 2020 F&D Costs (P+P incl. FDC) $6.66/BOE December 31, 2020 Proved Developed Producing Reserves 207 Million BOE - 7 Year RLI December 31, 2020 Proved Plus Probable Reserves 1,040 Million BOE - 36 Year RLI Number of Montney/Doig Horizontal Wells Drilled as at Dec 31, 2020 453 (449.9 net) Number of net Potential Future Montney/Doig Horizontal Wells (Dec 31, 2020) 7,204.5 net Number of Common Shares Outstanding at September 30/21 266 Million Perpetual Preferred Shares Series A 2 Million - BIR PR.A Perpetual Preferred Shares Series C 1.6 Million - BIR PR.C KEYS TO SUCCESS 89% average working interest in undeveloped land 99% of production is operated 99% of new drilling and completions, initiated and controlled by BIR Phone: (403) 261-6401 Fax: (403) 261-6424 Emergency (24 hours) 1-866-566-2923 Legal Advisories Site Map Privacy Policy 2021 Birchcliff Energy Ltd. All Rights Reserved.