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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 TheRexmemberon Mar 07, 2024 11:51am
77 Views
Post# 35920653

RE:TOU & KELT are actively buying (exp) acreage around + MNTN

RE:TOU & KELT are actively buying (exp) acreage around + MNTN

Nice work Res. Particularly on the TOU cross referencing. On my ipad I can't see a lot of Tou wells drilled near our acreage. They seem to be clustered near their batteries to the southeast. 

I thought that Pat said only one well was needed to hold acreage in Montney in a news release? The presentation does say a second well is pending gas egress arrangements only. 

where are you seeing the drilling plan on the two ERH wells? They must be extremely comfortable with the geology if they are going straight to ERH wells. No doubt the economics and IRR are far better. 

so that puts us at 30 million in drilling roughly for the two new properties. Do they increase the budget or decrease the cardium well plan? Or move completions to late fall / early winter? 

last interesting note from TOU is that they treat CL and Cardium as interchangeable wells. Which BNE team has excellent skills with. 

 

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