Bonterra Energy Corp T.BNE

Q4 Results

[JayBanks]

Well Lurk, they hit the very bottom end of your numbers, Congrats, I really thought they would come up short...

They also hit the mid range of when they said they would consider dividends, but no dividend announcements, instead we got a convoluted messages about continuing to work on balance sheet strengthening while the commodity price is still lower than hoped. I would also guess that the new purchase has also helped delay the dividend announcement, although I like the acquisition and longer term it should help our number more.

I'm pleased, but frustrated, but also not surprised. As before 2023 ended, I moved my expectation to a dividend in this earnings to it coming mid-late summer.

It should be noted they could announce it at anytime, but usually they give the heads up during earnings.

[Lurkzies]

Hey JB, thanks for the compliment. And yes I am very pleased with the results. Honestly I think no divy announcement makes sense, especially with the purchase.  but the Q4 was blowout in production and cash flow. With continued drilling and Montney, they should continue to avg 15200 - 15800 daily. This along with firming prices and solid cost reductions organic and due to TMX startup will