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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

Post by Resilience2on Mar 15, 2024 8:42am
143 Views
Post# 35934482

BNE also now becomes an attractive consolidation partner

BNE also now becomes an attractive consolidation partner Companies like Entrada, IPO, YGR, Private companies etc. will start to get a bit nervous with thier capital efficiencies with such low gas prices and no new plays with better capital effciencies.

BNE will become an attractive dance partner with large run room in better capital effcient plays. 

I think some Cardium players will really start to sweat in the not too distant future. 

R. 
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