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Bonterra Energy Corp T.BNE

Alternate Symbol(s):  BNEFF

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

Bullboard Posts
Comment by CashGreenGoldon Jul 10, 2018 9:33am
51 Views
Post# 28292121

RE:RE:RE:RE:RE:RE:RE:Pure speculation

RE:RE:RE:RE:RE:RE:RE:Pure speculationThanks Benny, it might have been from one of your posts or reading somewhere, their capex budget could be updated In q3/q4 to 85 mm, price dependent, to maintain q2 production, which i read to be 14600. If prices don't hold i suspect we will be back into the 13000's on production, and they would stick with current capex and production guidance.

So yes, good point about conservatism, it's early to be calling out 14600 anuualized, but that is the potential we have with these prices. I think In q3 report, if prices are still holding you could see uppded gudicance 
Bullboard Posts