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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 JayBankson Oct 11, 2024 9:09pm
84 Views
Post# 36263545

RE:RE:RE:Buybacks & Divvy

RE:RE:RE:Buybacks & DivvyMy bad

I thought they just dropped 'Free' in it's reference throught the rest of releases to save time, as usually they mention 'free funds flow' for debt reduction and returns usually early in an MD&A and then routinely show 'Funds Flow' for the rest of the release... Oversight on my part in reading and understanding, thank you for pointing it out, cause I do get excited seeing it and then have been disappointed with the return not happening yet.

I believe originally in early 23 they intended to start returns in early-mid 24, but its been pushed out further obviously as obviously O&G prices remained a little lower than forcasted and other small things here and there... 
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