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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 kavern23on Jul 07, 2024 11:31pm
285 Views
Post# 36122237

Charlie lake

Charlie lake

Prairie thunder sure drilled an interesting Charlie lake well just further north of Bne land on other side of peace river.
What is so interesting is it looks like it a single well with 3 or 4 different legs that are each frac ed. similar to a clear water well only deeper and frac d.
Well is on confidential so I can't tell the frac part.

Looks to take about a month to drill this well.

Results look promising 11k per month on oil and next month stayed at 11k per month on oil.
can't do a per day on oil as hours confidential.

cost of this well is going to be key. If only 7 million I see lots of promise here for others to try this type of well.

Hits a lot of reservoir and probably good for sweet spots.
 

small operators like prairie that will try new things.

Cost is probably why don't see multi legs in cardium and also need virgin land. 

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