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 > rex

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Comment by kavern23on Oct 20, 2023 12:36pm

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Post# 35693252

RE:RE:rex

The domino effect I guess also depends on if Ricochet was the buyer of TVE cardium assets.

If Ricochet got this they would be closer to 17000 BOE range and have a product mix more similar to BNE's.

So hard to say if any future deal is closed....BNE was worth more than Rico before this (which would make a deal harder) as BNE has better reserves than Rico but now probably closer to equal value between the two companies.

The trend is to get bigger, very clear in the oil patch.

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