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.

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Bonterra Energy Corp > Expectations

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Comment by kavern23on May 14, 2024 11:05pm

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Post# 36040244

RE:RE:RE:RE:RE:RE:RE:RE:Expectations

Rex from q4 to q1 they are down from 7300 or oil per day to 6682. Down on ngl's 150 barrels q over q.
Bne needs to be in 7000 range and over to cf over 30m.
q2 they won't do 7000. Isn't enough wells.

Bne seems to stabilize at 6200-6400 range if they are not drilling cardium really hard.

Even if Edmonton par got to 110m I don't think we see much drilling in cardium legacy part by any of operators like Obe, Bne, ricochet, Ipo etc.
aeco needs to be over 2 bucks for most of the cardium drilled locations.

isn't many drilling licenses in cardium right now

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