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 > Cardium competitor analysis

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Comment by AliNaimion Apr 18, 2021 1:37pm

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Post# 33019177

RE:RE:RE:Cardium competitor analysis

Appreciate the PDP comparisons but not sure how relevent this is without more colour. Long life assets garner higher multiples and the oil/gas mix of various Cardium players further changes the valuations. Peyto has Cardium but in the gas fairway, YGR is mixed and then you have the oilier fairway Cardium players. Lumping all these names together is not neceesarily helpful as all Cardium was not created equally.
PDP values are important for bank lines, this is where the focus is best placed.

(I wont even get into FDC and 2P as market focus is not here but was prior to 2014)

AliNaimi

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