Corporate Snapshot Financial TSX: BNE Common Shares Outstanding 33.5 million Insider Ownership 15% Tax Pools at Sept 30, 2020 397 million Tax Horizon 2022 Q3 2020 Exit Net Debt 295 million Bank Line 300 million (274 million drawn at Q3…
Consistent Strategy Bonterras focus will remain on generating strong, sustainable, free cash flow which can be directed to debt reduction and capital spending when supported by commodity prices DISCRETIONARY As debt is reduced,…
BDC / EDC / SRP Programs Bonterra is one of the first Canadian energy producers to qualify and be approved for both the EDC and BDC government support programs, a condition of which is financial viability. 45 Million Business…
BDC / EDC / SRP Programs Bonterra is one of the first Canadian energy producers to qualify and be approved for both the EDC and BDC government support programs, a condition of which is financial viability. 38.4 Million Export…
2020 - 2022 Forecasted Activity Levels Bonterra will deploy 45 Million of BDC funding towards value enhancing initiatives through drilling and ARO initiatives. PLANNED DRILL PROGRAM (1) PLANNED ABANDONMENT 36 PROGRAM Net Well…
2020 - 2022 Cash Flow Analysis The BDC/EDC/SRP funding positions Bonterra to significantly de-lever over the next two years YEAR 2020 2021 2022 2022 WTI OIL PRICE USD/bbl 39.27 50.00 50.00 55.00 BNE REALIZED PRICE (1) CAD/bbl 41.41…
Long-Term Opportunities in the Cardium 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…
Pembina Cardium Features Original-Oil-in-Place per Section Recovery Factor 0 to 5,000 Mbbl 0% 5,000 to 10,000 Mbbl 5% 10,000 to 20,000 Mbbl 10% 20,000 to 25,000 Mbbl 15% 25,000+ Mbbl 20% 25% Pembina is the largest…
Pembina Cardium Geology Shale Conglomerate Sandstone Bioturbated Mudstone Sandstone Shale Interbedded sandstone and shale with local conglomerate and prevalent underlying low permeability bioturbated mudstone…
Average BNE Cardium Economics Cardium wells are repeatable, predictable and generate strong returns even in a weak commodity price environment Reserves per well (MBOE) 165 IP (12 months) (boe/d) 111 BNE Type Curve: Full Cycle…
Our Responsibility Environmental, Social and Governance HEALTH, SAFETY AND ENVIRONMENT (HS&E) Apply minimal disturbance drilling techniques to reduce the overall impact to the environment 99% routine gas conservation Fugitive emission…
Strategy: Positioned for Success Bonterras proven track record has been built on a model of generating long-term, sustainable value through disciplined capital allocation aligned with prevailing commodity prices Insiders own 15%…
Corporate Information OFFICERS BANKS George F. Fink CIBC CEO & Chairman of the Board National Bank of Canada Robb D. Thompson The Toronto Dominion Bank CFO & Corporate Secretary Alberta Treasury Branches Adrian Neumann Business…