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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 > Q1 Detective Work
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Comment by TheRexmemberon Apr 24, 2023 12:10am
156 Views
Post# 35409816

RE:Q1 Detective Work

RE:Q1 Detective Work

Nothing like better well results to goose returns. It seems to be confirming the comments about JV acreage with IPO and Entrada too. 

Makes me wonder me wonder if they will leave a few DUCs to complete later to manage the budget. 

The production was so strong by March exit that they moved the needle for annual numbers by making up for the low 2022 exit rate. 

Completely agree that the bank line could be zeroed out by July. 

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Dealroom for high-potential pre-IPO opportunities