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 > Sept and early oct

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Comment by kavern23on Oct 21, 2024 1:59am

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Post# 36274185

RE:RE:RE:RE:Sept and early oct

Spot went to 30 cents again because win energy forecast for the weekend was quite high and it has happened. 1-3 days out the grid forecasters are getting really good at predicting.
so the 1 bcf ng producers are shutting in to lift ng to 1.50 is being offset by 1 bcf ng power demand.
as soon as wind stops this weekend aeco wil; bounce to 1.20-1.80 as production shut in.

storage is so tight it doesn't take much to distort prices.

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