Bonterra Energy Corp T.BNE

Cardy...

[kavern23]

BNE cardium production in 2025 must be fairly low compared to prior year if total company oil production is 6250 barrels of oil per day including Charlie Lake and Montney.

Is cardium at 5,000 ish on oil per day now?
less potentially...

Cardium on it's own used to do 7300-8200 barrels of oil per day.

The press release didnt say what year end debt level at BNE will be...hard to see new investors coming with current info released.

[kavern23]

I find it hard to peg a value for Bne cardium properties...like realistic market prices not reserve reports that no company is going to pay near. Cons on cardium reserves is a lot of value is over future decades and market values new quick production in next 5 years. But definitely sellable as still decently oily. i think I posted a few years ago Bne should stop spending so much capital and

[TheRexmember]

I think they did it the right way : get production numbers up then bleed cash flow into the new properties to develop them.  The 30 year low in gas prices was a little unlucky.  And the right CL opportunity had to come along too.  would like to see them acquire rights or discover some new plays on existing cardium land too. We have the pipelines and gas plants....