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 > When Cenovus Says This

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Post by bandit69on Apr 28, 2022 11:58am

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Post# 34639205

When Cenovus Says This

"If the value of share buybacks in the quarter is less than 50% of excess free funds flow, we will use variable dividends to make up the difference. When reported net debt is at the $4 billion floor, the company will target to deliver shareholders 100% of that quarter’s excess free funds flow."

and even PNE will start to pay a dividend, then BNE better get cracking. Like....yesterday!

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