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 > Time to start buybacks

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Comment by baranjaon Nov 03, 2024 8:06am

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Post# 36294121

RE:RE:RE:RE:RE:RE:Time to start buybacks

Hm. I recall many years back, this was pure Oil play, as far as I understand this became very gasy then. I see, it looks like 65% is gas. Those conventional oil wells are drying out.
this used to be $60.. Holly cow such a sad story here. what are they going find in Charlie Lake is a million dollar question

kavern23 wrote: Cardinal energy also has way less debt than BNE, 100m for CJ to BNE's over 170m net debt.

That will be ineresting thing for Q3 results...can BNE CF over 30m for Q...

Compared to alot of juniors, BNE just has alot of debt.