Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Lurkzieson Mar 18, 2024 7:26am
129 Views
Post# 35937818

RE:RE:RE:Charlie Lake acreage

RE:RE:RE:Charlie Lake acreage

Just commenting on the sandbagging: I chose BNE because they are a fantastic attic management team, that do what they say and are accurate. My trust was a bit dented last year with how off they were with YE estimates vs what was achieved. At any time in December they knew the numbers and just chose not to update the slides and projections. It could have helped the shares, and in not doing so greatly damaged their rep in my eyes. They were off by 1k, and they produced a deck in December. Like that goes beyond sandbagging to clear deception. 

I am a BNE bull, been in for 5 years, and I'll stay. But this deck makes me rethink their accuracy, and their dedication to share holders. Like I get variability, been an analyst for 10 years, but how can you be off by 1k with the runtime of a month??? Looking at the new Montney well and all the investment, they either made a major math error on the deck, or they have absolutely no idea.
i'd really appreciate that call to management Rex, specifically to ask about these shoddy forecasts.

<< Previous
Bullboard Posts
Next >>