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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 Pkarabatsoson May 18, 2019 5:45am
55 Views
Post# 29757785

RE:RE:BNE divey needs to increase going forward.

RE:RE:BNE divey needs to increase going forward.Agreed. I am always optimist and see tide slowly turning. Only thing I would like some clarity on is how Canadian oil differential will be contained as yesterday further widened (even above slightly BNE May presentation guidance) by decent percentage and now doubled over past couple of weeks. While pipelines eventually will come online, there is a one year time gap to mitigate and hope Kenney and co will have something to not only say but to actually do to keep it in narrow fair range. Any thoughts here on curtailments and what is cooking to keep inventories not too elevated and no blowout like Q4? As that  variable alone could derail positive momentum last half year. Let
me know what you guys hearing / reading on this.

Bullboard Posts