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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 Feb 02, 2024 5:13am
127 Views
Post# 35858813

RE:RE:How BNE can up Oil/liquids content (apart merge Richochet)

RE:RE:How BNE can up Oil/liquids content (apart merge Richochet) I am not saying they're partnerring on Belly wells but they are partners on Cardium wells and are in good contact with eachother. 

BNE has extensive own Belly River rights and the large block in the East is likely very prospective for Belly River: they could replicate IPO's succes and drill 90-95% oily wells in the Belly River with facilities already present, so low capex. 

Look for the Montney well to be online at the end of H1'2024, likely early in Q2.

That's ~ 65% oil vs 50% cardium and the already drilled Montney well has around 600 boe/d behind pipe or roughly 6 Cardium wells, that are not in the budget. 

R. 

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