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 > Middle of the road results. Only 6.8M FCF? Still $15 Dec 31

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Comment by TheRexmemberon Nov 08, 2023 10:05pm

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Post# 35725216

RE:RE:RE:RE:RE:Middle of the road results. Only 6.8M FCF? Still $15 Dec 31

from todays release on 2023 expenses.

Modest Capital Program and Ongoing Reclamation

Through the first nine months of 2023, Bonterra invested $112.5 million into the Company’s capital program, with $36.2 million invested during the third quarter.

OUTLOOK

Bonterra is pleased to reaffirm previously released 2023 guidance as outlined in the Company’s December 15, 2022 press release, targeting capital expenditures at the high end of the guidance range of $120 to $125 million.

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