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

Bullboard Posts

Comment by CashGreenGoldon Apr 11, 2019 1:02pm

51 Views

Post# 29613742

RE:RE:RE:RE:RE:BNE's Guidance for 2019 and free cash flow estimates

"I used facts from BNE's presentation"

They arn't "facts". It is a projection.

It uses a -9 EDM.

We have had a -3 to -5 EDM since early January.

For their -9 EDM to become "fact", EDM will have to flip to - 12 for the remainder of the year. I highly doubt that will occur.

Whats more likely is that EDM stays around -5 and under, as it has been doing, and where it historically trades.

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