Bonterra Energy Corp T.BNE

Alternate Symbol(s): BNEFF

Energy Oil & Gas E&P

Bonterra Energy Corp. is a Canada-based conventional oil and gas company with operations in Alberta, Saskatchewan, and British Columbia. The Company operates through development and production of oil and natural gas in the Western Canadian Sedimentary Basin segment. Its operating areas include Pembina Cardium and other areas, which include Saskatchewan and Northeast British Columbia. The Company is focused on the development of the Pembina and Willesden Green Cardium lands within central Alberta. It has Shaunavon properties in the Chambery field, which produce medium density crude oil from the upper Shaunavon formation under waterflood. It also has assets in the Prespatou area of northeast British Columbia, which consists almost entirely of natural gas and associated natural gas liquids. It also has an undeveloped Charlie Lake asset that is prospective for light oil in Bonanza, Alberta. The Company has over 116 net sections of contiguous land in the light oil prone Charlie Lake.

TSX:BNE - Post by User

Bonterra Energy Corp > So many good companies at great prices right now

<< Previous

Bullboard Posts

Next >>

Comment by kavern23on Jun 28, 2023 3:20pm

163 Views

Post# 35519143

RE:So many good companies at great prices right now

Rex how do you get these numbers to work?

"Usind 74 dollar oil for the last 9 months of the year does generate more than 70 million in free cash flow. "

I think BNE is on pace to spend 134m ish capex unless they slow down.

Q1 60M capex, Q2 14m, Q3 30m and Q4 30m...equals 134M
Anytime BNE does 9-10 wells a Q...looking at least 30m spend.

So last 9 months capex would be 14+30+30 =74m
You really think BNE will CF 144m in last 9 months of 2023?

That is average CF of 48m a Q rest of year.....

<< Previous

Bullboard Posts

Next >>

How this junior is unlocking unprecedented potential in Alaska