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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
Post by Farmer12on Jan 08, 2020 1:17pm
126 Views
Post# 30531215

Type curves

Type curvesGood news that BNE is underpromising and overdelivering with type curves. This to a certain extent confirms a general impression of GF as a straight arrow. Some companies could be punished when their annual reports don't live up to rosy expectations. The cream eventually rises to the top and it helps to have managers with integrity and a low cost structure, with all the volatility. Oil price was around $65 U.S. WTI during the night and now under $60! Trump looked frazzled at his news conference this morning, flushed and wheezing. His health and mental stability have got to be a concern to his team of advisors and bootlickers. With an election in sight he won't allow gasoline prices to explode, so I wouldn't expect an oil price blowout in 2020, but WTF do I know. He has a lot of levers to control oil prices, but BNE is printing good money at these levels around $60 U.S. WTI.  

Bullboard Posts