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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.


TSX:BNE - Post by User

Bonterra Energy Corp > Cardy...
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Comment by TheRexmemberon Dec 16, 2024 12:38pm
92 Views
Post# 36364413

RE:RE:Cardy...

RE:RE:Cardy...

I think they did it the right way : get production numbers up then bleed cash flow into the new properties to develop them. 

The 30 year low in gas prices was a little unlucky. 

And the right CL opportunity had to come along too. 

would like to see them acquire rights or discover some new plays on existing cardium land too. We have the pipelines and gas plants....

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