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 > Resilience

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Comment by Resilience2on Sep 05, 2024 1:01am

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Post# 36209276

RE:Resilience

They're tracking presentation net debt and believe they will hit 2024 YE debt nr. Ofc Pricing plays a roll but production is above target, they have hedges and they're usually conservative. AECO strip last part of the year looks like it normalizes. Not rly that bothered about Capex because I don't know the details but above is checked.

There's only basically one quarter left in the year.

2nd MNT well will be drilled, so all acreage kept.

Debt going straight down from here.

They're in great shape. Regardless of SP.

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