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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 kavern23on Dec 17, 2024 11:31pm
77 Views
Post# 36367437

RE:RE:Rex

RE:RE:RexHendrick...you are right it is probably to complex of a transaction to happen and other options may exist beyond Saturn.
But merging older cardium assets is one way to achieve higher fcf in 2025 by lower g and a costs and fixed costs spread over a larger volume of barrels. Plus spinning Bne montney and cl into a new company saves potentially any management severance costs.
a company already their like Saturn wouldn't need to add much more management salary costs if they owned more cardium assets in that geographic area.


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