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 > Montney drill is not $ 10 mln, closer to $ 7,5

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Post by Resilience2on Mar 05, 2024 2:45am

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Post# 35915040

Montney drill is not $ 10 mln, closer to $ 7,5

They will drill the 2nd one and maybe 1 or 2 more but likely egress constraint.

Cardium cash flow will drive Charlie Lake and company growth.

Growing into 20.000 boe/d for a 37 mln share company while paying back debt will make BNE a divvy monster over time.

R.

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