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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 Resilience2on Sep 01, 2024 11:13am
96 Views
Post# 36204621

RE:RE:RE:LNG just announced introduction of gas.

RE:RE:RE:LNG just announced introduction of gas.

I think they should keep it. They're pretty much on top of debt now anyway and can't accelerate debt payment that much anyway. 


What would be the point: the whole point  of these new plays is better capital efficiencies, recycle rate is part of that. I think they will drill it. 

That said still they will be value drive: so if a good offer comes up they might still consider.
 

The Cardium is ok but not great. Consolidation will make it a bit better but never top quartile and a real growth engine. 

R. 

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