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.

TSX:BNE - Post by User

Bonterra Energy Corp

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Post by churchofnutsaccon Aug 10, 2022 9:24am

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Post# 34884223

Bonterra is Well Managed

Shutting in production in 2020 looks really smart now.

Whether debt is taken care of in 2024 or 2025 it doesn't really matter. You'll make more on your investment on dividends alone for the remianing decade. Don't forget we FFO $2.30 per share at $60 oil - even the bears aren't calling for $60 oil.

Incredible to think that Bonterra's free cashflow was 33% greather than Athabasca's with 80% LESS production.

Imagine Bonterra without debt and the hedging covenants?

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