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

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Comment by CashGreenGoldon May 07, 2019 3:27pm

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Post# 29721363

RE:RE:RE:RE:RE:RE:Not a mystery....

Prior to 2016, sure... with $100 oil i think many wells could have paid back in 365 days. I havn't looked back then either.

But for companies running repeatable performance, not jsut on selected, high graded acerage... -and i say this because of YGR... they might be the only ones, but i think we have yet to see if their permorance is repeatable...

...but who is getting a net 365 day payback on wells? On gross maybe, and BNE is almost doing that. But on true net cost of capital, no one is getting 100% IRR's at $55 oil. The cash flows and numbers back that up.

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