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.

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Bonterra Energy Corp > New operations update out

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Comment by Hendrick3on Feb 16, 2021 10:13pm

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Post# 32581493

RE:RE:New operations update out

I think the current price of over $3 is a pretty reasonable multiple of a 60 cent free cash flow. Keep in mind that presumes an average of $60 which certainly is not guaranteed.

For example Baytex is looking at 50 cents free cash flow and is price at a $1. IPO is on pace for a 20 cent free cash flow and is valued at 45 cents. OBE will probably make about a $1 FCF and trades at $1.35.

Not suggesting they won't thrive but on a relative basis, they are much higher valued.

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