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 > netbacks to fall

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Post by snowshoedbon Dec 07, 2022 12:40pm

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Post# 35156650

netbacks to fall

looks like BNE's netbacks will fall to $20-$25. Expecting FCF to drop to $10-$15 million for Q4.

looking forward to when the debt level is significantly lower by June next year. Hopeing the supply side has no ability to respond if some of the headwinds (Interest Rates, Recession Angst, China Covid/Economy) become review mirror issues by then.

Looking forward to better days and some dividends to flow.

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