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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 TheRexmemberon Sep 20, 2024 11:34am
79 Views
Post# 36233226

LNG

LNG

One of the best aspects is that there will be more contracting as well as more hedging available. It is not just actual demand, it is the necessity to keep it full. That will have knock on effects with other power producers too who will try to avoid getting caught offside.

The bigger benefit would come from 4-6 BCF in demand from expansion or new facilities -having partially empty gas pipelines in all directions will be great for producers. 

The downside risk is the impact of unplanned shutdowns. If a warm winter is ugly for gas prices, what does an unexpected shut down of 2bcf do to prices? 

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