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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 kavern23on Apr 28, 2024 5:06pm
103 Views
Post# 36011784

RE:RE:Morgan

RE:RE:Morgan Rex your realize the problem here even if Bne has egress...and assuming guys tweet about h2s is accurate?
the processing cost at gas plant to deal with hs2 could potentially cost more than current aeco spot price. Current aeco spot price is like 92 cents so if processing costs are higher than this a gigajoule Bne can end up in negative for any ng produced.

key question is Bne commitment to the gas plant for every Bne produced? Is it firm service?
does Bne have to produce ng no matter aeco ?
becomes not good situation.

aeco just recently had this drop below 1 dollar.

ng with h2s is probably not economic right now unless have hedged or own ng plant.
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