New Presentation UpThey are claiming to generate $95 million of free cash flow at $50 oil, $5 AECO and $4 differentials ($2.70 per share)
20 years of reserves of which the next two years will almost all go to debt but what happens after that? That's 18 years of pumping cash out of the ground with only one place for it to go.
Do the math on this one. Most names are underwater at $50 oil but Bonterra could potentially pay a healthy monthy dividend at $50 oil.