Bonterra Energy Corp T.BNE

Solid Q2

[TheRexmember]

Charlie lake wells still cleaning up but two well producing 570 barrels of oil and 400 boe's of gas. 

Bring on thge 3 mile ERH wells!

[TheRexmember]

Other items : 10 million in free cash flow realized gas price of 1.64 mcf - decent fcf with such brutal gas price  based on guidance, the next two quarters should see the same spending similar or higher fcf 650 boe shut in or Q2 would have been 5% higher Q on Q Charlie lake hasn't cleaned up yet - still recovering load fluid after 2o days while producing 500 boe/d each no mention

[bago]

Sorry but not a solid quarter if anything kinda of berish. Production on those wells is 570 for both not each. They have a lot of work to do and this quarter little progress and NG price is worse than Q2. Les keep it real.

[Resilience2]

Don't think ppl are reading and comparing to presentation guidance correctly. The 570 is excl 420 Boe/gas. Both wells are producing ~495 boe (57% oil), which is on target if you look at the presentation, and are still cleaning up. Average production is 14.200+, upper end of guidance, WITHOUT 650 boe/d extra and the 2 Charlie Lake wells. So in effect they're now producing 15.800 p/d and

[Jnasty2pointO]

Bruh, they're still guiding the same regardless of shut ins or new wells. They can hardly, HARDLY make a scratch in their net debt quarter over quarter. This was a garbage report and it's going down further. Congrats on staying strong while it's dropped ~40% this year. I was right!! Buyer beware don't trust these internet fools.

[C185pilot]

We need to get to a dividend to see much progress on price.   Could be there in 6 to 9 months.

[TheRexmember]

I see the you aIready to his comment now. I read that the same way. Should exceed guidance easily.  two more CL wells to tie in, shut in production should offset  decline rates. They were forecasting 25- 30 million in fcf we are easily on pace to hit that.  i think they will drill another 4-5 CL wells in Q4 to tie in early next year so that wlll generate a ton of FCF heading

[TheRexmember]

Production was 570 barrels plus 2.4 million cft gas. Or 970 barrels before cleaning up. Solid results.

[Jnasty2pointO]

How many times are you going to keep saying this while the stock nose dives. Please have a touch of pragmatism!