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 > Free Funds Flow

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Comment by snowshoedbon Dec 16, 2022 10:43am

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Post# 35175665

RE:RE:Free Funds Flow

I`m also disappointed to see such a large CAPEX number with very little benefit to production and cash flow. My sentiments are similar... why increase CAPEX for no increase in production and cash flow.

I think these estimate are very conservative and are either:
1) allowing for a long tie in time for new wells in 2023
2) backloading the drilling of the wells in the 2nd half of the year.
3) No getting a good bang for the buck in CAPEX 2023

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