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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

Comment by bandit69on Mar 23, 2022 11:56am
298 Views
Post# 34537945

RE:RE:RE:Presentation

RE:RE:RE:Presentation
churchofnutsacc wrote: Hedges From December Guidance:                 Hedges From March Presentation: 

Q1 2022                                                                Q1 2022   
2,250 bbl/d @ $66.14                                           2,250 bbl/d @ $66.14

Q2 2022                                                                Q2 2022
2,300 bbl/d @ $74.42                                            2,800 bbl/d @ $77.58

Q3 2022                                                                Q3 2022
2,100 bbl/d @ $77.77                                            2,100 bbl/d @ $77.77

Q4 2022                                                                 Q4 2022
1,000 bbl/d @ $81.25                                            2,200 @ $80.03

Not sure why an additional 500 bbl/d needed to be hedged out for Q2 and have no idea what happened to Q4. Hedges already showing up for 2023.


I have no idea either.  Bank making them do it?  That's the problem with debt, makes you a slave.

I hope they've learned their lesson.  

PNE has a little higher marketcap than BNE now.. PNE has 2x abandonment liabilities half the reserves and BNE's reserves are liquids worth much more than dry gas.  What does it mean?  It means BNE is severely undervalued.  I keep picking away at them.

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