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.

TSX:BNE - Post by User

Bonterra Energy Corp > Share price and more VPs

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Comment by kavern23on Sep 03, 2024 10:11pm

99 Views

Post# 36207339

RE:RE:RE:RE:Share price and more VPs

Rex...Bne net debt was 140m on dec 2023 and 173 at end of q2.
Bne would have to fcf 32m in last half of 2024 to even equal dec 2023 debt.

The problem is they didn't get any equity and funded whole Charlie lake buy with debt.

Bne though is hard to gauge on what it will trade at due to low amount if shares outstanding.

a lot depends on if larger shareholder want to get out or not

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