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 May 16, 2019 7:22pm

82 Views

Post# 29753573

RE:RE:May presentation

Haha wow. He's on a roll!

He's obviously seeing the same kind of mind boggling disconnect in the value you are describing Joseph.

It really is crazy. How many other companies could pay out a 14% dividend at $53 oil, and have over 35% of FFO residual for FCF at that price? None are priced at this kind of valuation, for that kind of delivery at 53 WTI.

I was really happy to see the may cash sensitivity update with a more realistic diff for 2019 avg, and the lower capex costs per well updated in their guidance.

Many ad-hoc retail investors rely on these for their information. Thus overly conservative forecasts hurt BNE on a comparative basis. I think their updte is fair and more reflective, and I'm happy they went that route.

Bullboard Posts

Pro Women’s Hockey League comes to NHL 25 in December