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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 > Entrada not so bad too = 67% liquids & ARO Ricochet
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Comment by TheRexmemberon Oct 01, 2023 4:31pm
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Post# 35664137

RE:Entrada not so bad too = 67% liquids & ARO Ricochet

RE:Entrada not so bad too = 67% liquids & ARO Ricochet

Take a look at the acreage slide on Entradas website. If you compare it to the Bonterra land you will see a bunch that is joint ventured and the undrilled land is right beside our acreage too. It adds a decent number of drilling locations for the price. If 60% oil they should be worth 100 to 110 million today. Easily doable. 

should be able to pay off any debt in two quarters. 

 

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