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 > 2023 drilling plans

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Comment by Hendrick3on Dec 15, 2022 7:53pm

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Post# 35174743

RE:2023 drilling plans

The PR is very conservative which will probably allow them to show outperformance throughout 2023. Dividends appear to be for 2024 shareholders so that may lose some of the current group who were hoping for sooner. I hope people recognize how conservative this plan is and even at that we are trading at 1.5 cash flow. Imagine if prices take off next year.

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