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 > Not to worry

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Comment by TheRexmemberon Jun 01, 2023 7:45pm

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Post# 35475993

RE:RE:Not to worry

I don't find it odd, I find it in the company news releases and the corporate Dec. see page 7.

minimal capex in Q2, 7.7 wells coming online for Q2 - most of which were drilled in Q1 and brought on stream in April. Which is why production hit a peak of 15,400 boe/d in April.

You are too used to the constant surprises with missed production, lowered type curves and debt drama at YGR.

BNE just gets it done, on budget, on time and with predictable production results. Meanwhile the bank line was just renewed and the dividend is planned to restart in about 4 months.

things are awful here.