Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Resilience2on Apr 04, 2023 11:14am
214 Views
Post# 35378634

RE:RE:Current production

RE:RE:Current production Well, you don't have to wonder: it's all there in the presentation on P11/P12 for various WTI scenarios.

Check the sand coloured Discretionary FFF pie piece for each WTI scenario and this is what they will do with it: 

"Discretionary Free Funds Flow will be directed to Sustainable Production Growth, Debt
Retirement, Increasing Shareholder Returns & Acquisitions."

I think an acquisition this year is likely. Maybe from Kelt since that's where the La Glace Montney well is. Kelt La Glace Montney wells have an IP365 of ~ 820 BOE/d, much higher than company type curve and, depending on well capex, maybe higher ROI. Then again the price needs to be right so it may fall through or end up being something else.  

R. 
<< Previous
Bullboard Posts
Next >>