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Bullboard - Stock Discussion Forum 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... see more

TSX:BNE - Post Discussion

Bonterra Energy Corp > BNE also now becomes an attractive consolidation partner
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Post by Resilience2 on Mar 15, 2024 8:42am

BNE also now becomes an attractive consolidation partner

Companies like Entrada, IPO, YGR, Private companies etc. will start to get a bit nervous with thier capital efficiencies with such low gas prices and no new plays with better capital effciencies.

BNE will become an attractive dance partner with large run room in better capital effcient plays. 

I think some Cardium players will really start to sweat in the not too distant future. 

R.
Comment by TheRexmember on Mar 15, 2024 9:54am
Agrred - and the tight share count should be attractive to any sellers or a financing. The IRR of the new land packages are stellar. Continuing improvements in crude prices make this stock look like a screaming bargain... a minor uptick in gas prices and the share price turns into a rocket.
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