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 > Obe bne

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Post by kavern23on Sep 09, 2024 9:32pm

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Post# 36215883

Obe bne

Obe for same 'bailout" so too speak from Russia war pumping oil and ng prices up...I mean it brought average oil price in 2022 to 122 cad and 5.88 for Obe average priced recieved..these prices helped allow them to cf 474
obe had serious debt back in 2020

oil is down to 85 cad right now. Actually isn't bad for some of good oil plays.

but difference between 85 and 105 cad per barrel would mean a ton on new cardium drills.

all depends if 85 range last for 365 days.