Bonterra Energy Corp T.BNE

Buzz on the Bullboards: Updates from Nevada Copper, BlackBerry, Tilray

[Jonathon Brown]

The past week has been a roller-coaster ride for the TSX. Volatility was the theme as the market saw dramatic rises and falls. read article.

[TheRexmember]

Saw this on Daily oil bulletin: The longest lateral length was drilled by Archer Exploration Corp. at 100/01-17-071-08W6 in the Elmworth area and targeted the Charlie Lake formation. This Charlie

[TheRexmember]

Kavern AECO prices derailed almost everyone this year, but something you pointed out on the YGR board a few times is that it is such a pain to do ERH wells in the Cadium core because there are so many

[TheRexmember]

I think the Charlie Lake position is basically untouchable at this point as far as selling or spinning out the property. The three mile wells are about twice as capital efficient as a Cardium well for

[TheRexmember]

I think Ricochet was acquired by another private company. Haven't found any releaes about it though. 

[kavern23]

Bne bought 3 more sections of land in May sale in Montney.   Doing that shows less likley to be selling Montney. An explorco with Montney and CL together is safer. I expect OBE to do same

[kavern23]

It also might explain why BNE is even producing Montney well right now instead of waiting until fall. Any potential explorco company would want to show 3000 boe a day before standing on its own and

[kavern23]

If Bne spun Montney/CL assets off into a new company...would it unlock more value than 4.70 right now. I mean the one hitch is probably need the magic of raising money and issuing equity. But if you

[kavern23]

A BNE and Richocet combo would be 22-25k boe a day and all in same part cardium.  For Pembina the only options are BNE + Richochet or BNE + OBE Pembina stuff and I don't see OBE and BNE

[kavern23]

Everything is very quiet still in Cardium, but a something has to fall by Sept. These cardium mergers are going to be driven by having less management salaries and synergies from merging assets in

[TheRexmember]

No idea on cash flow yet Kav. The first Charlie lake well was drilled in 9 days versus 12 budgeted so that is a positive. All 2 milers this  year. I have no sense of their realized gas price

[TheRexmember]

100% agree resilience   Some of the debt is expensive but it is really structured correctly. Some debentures, some termed out and some bank debt - it is the way to go.  have been

[Lurkzies]

I really wish they provided more timely updates. I like BNE's new management team, along with their recent decisions and purchases, some awesome deals with great value. A friend of mine

[PlutusofCrete]

Check insiders tab...was buying at $5.05. 

[PlutusofCrete]

I'm expecting this stock to pop up like $BIR. Just give it some time. I plan to sell once the Divy announcement is made. 

[kavern23]

Rex ideally that montney well does 10000 barrels plus of condy per month. Going to need that right now with Aeco.