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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 Suppe11on Dec 07, 2022 5:23pm
187 Views
Post# 35157566

RE:netbacks to fall

RE:netbacks to fall
snowshoedb wrote: 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. 


Canada-$ was weak. One can expect maybe just a little bit lower realized prices, than in Q3. Maybe something like C$ 105 for the oil. NG maybe higher, than Q3. Their balance sheet should look better, because the Wti price is now in the center of their hedges.

So....zero problems for Q4.
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