Bonterra Energy Corp T.BNE

Update

[kavern23]

Rex, like other companies Bonterra will suffer with lower NG Aeco prices compared to budget guidance.  Won't FCF 45m with 2.50 AECO a gig versus budget of 4.07. Hopefully oil prices help these companies too offset Ng but even oil is going to face some of same pressures...warm winter isnt great for heating oil demand.  Been ideal weather too complete and tie in wells everywhere In north america majority of the time.

I think any NG at 2.80 or higher would be a bonus right now, fundmanetals are really rough on storage.

I wonder if OBE would sell BNe their Pembina stuff.  OBE pembina stuff would have drilling locations as OBe hasnt thrown money towards Pembina that much in last 5 years. OBE would have land near some bne recent drills.
Ricochet Oil but they are fairly new and old Arc stuff, may not be for sale.

smaller stuff, Jouney energy has small amount of cardium and prob non core, TVE stuff.

Be interesting too see if deal and aquistions happen again.

[TheRexmember]

Would be nice to see some transactions there. Ideally with a few different companies. As you have pointed out - lots of potential to rationalize. Kind of surprised Spartan hasn't tried to buy BNE. They would be familiar with the assets... Yes you are right they have a decent gas weighting. more oil than gas liquids - not sure if there is lots of ethane or not. A little gas was hedged and