Bonterra: Focused on Fundamentals Bonterra is a dividend paying oil & gas company focused on the development of its low-risk, oil-weighted asset base concentrated in the Cardium field in Alberta. Low Corporate Decline: 21% Sustainable…
2019 Q1 Update Bonterra will generate significant discretionary cash under the varying price forecasts and exhibits great torque to improving commodity prices Assumptions: 2019 WELLS DRILLED 31 Gross (23.2 Net) 2019 FORECASTED…
Cash Flow Sensitivities Sensitivity Analysis(1) Cash Flow (estimate for 2019) Cash Flow Per Share(2) Per Annum Change of Canadian 1.00 per barrel of oil and NGLs 2,940,000 0.09 Change of Canadian 0.10 per MCF of natural gas…
Returning Capital to Shareholders Cumulative Dividends Paid 1.15 Billion Cumulative Dividends Per Share (1998 Dec 2018): 43.50/share 160 140 0.30 120 Edmonton Light (/bbl) & BNE Share Price (/share) 100 0.20 Dividend…
Long-Term Development Opportunities Concentrated assets in the Pembina Cardium oil pool support efficient operations and offer exposure to significant upside through a large inventory of low-risk, highly economic undrilled locations…
Average BNE Cardium Full Cycle Economics Cardium wells are repeatable, predictable and generate strong returns even in a weak commodity price environment 300 Reserves per well (MBOE) 165 250 IP (12 months) (boe/d) 112 200…
2019 Production Forecast Q1 Update Low decline rate means less capital is required to maintain production, contributing to free cash flow growth over time 16,000 14,000 12,000 10,000 21% Corporate Decline Rate BOE/d…
Building per Share Value Continuous value creation on a per share basis from 2015 to 2018 Production per Share Reserves per Share (BOE per share) (BOE per share) (P+P) 0.150 0.145 0.140 0.135 0.130 3.04 0.145 0.125…
Investment Summary: Why Bonterra Oil weighted producer offering yield and exposure to oil price upside through operational excellence and conservative financial management Insiders own 25% Experienced & Aligned Management Low…
Corporate Information OFFICERS G. F. Fink BANKS CEO & Chairman of the Board CIBC R. D. Thompson National Bank of Canada CFO & Corporate Secretary The Toronto Dominion Bank A. Neumann Alberta Treasury Branches Chief Operating Officer…