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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 28, 2020 11:53am
105 Views
Post# 30608986

2020 budget

2020 budgetGood posts by JH and Blackdog. The line about alfalfa made me laugh. Reminds me of a song called "Roll me over in the Clover" that we sang in our misspent youth.Time to take the bull by the tail and look the situation straight in the eye, to paraphrase W. C. Fields. With such price volatility GF will probably want to continue paying down debt and therefore no dividend increase in H1 2020. But we're getting around a 3.5% dividend to hang around and look forward to better times. The capital spend will probably be conservative.
Bullboard Posts