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Bonterra Energy Corp. (T:BNE)

Business Focus: Oil & Gas Exploration and Production (NEC)

Sector:  Energy Industry:  Oil & Gas Exploration and Production
See Regulatory Filings on SEDAR
Company Contact
Address: S.W., 901-1015 4 St SW
Tel: N/A
IR: See website
Key People
George F. Fink
Chief Executive Officer, Director
Robb D. Thompson
Chief Financial Officer, Corporate Secretary
Adrian Neumann
Chief Operating Officer
Brad A. Curtis
Senior Vice President - Business Development
Business Overview
Bonterra Energy Corp. is a Canada-based conventional oil and gas company with operations in Alberta, Saskatchewan, and British Columbia. The Company is engaged in the development and production of oil and natural gas in the Western Canadian Sedimentary Basin. The Company's operating areas includes Pembina Cardium and other areas, which include Saskatchewan and Northeast British Columbia. The Company's upstream oil and gas assets are primarily focused on the development of the Pembina and Willesden Green Cardium lands within central Alberta. The Pembina Cardium reservoir is the conventional oil reservoir in western Canada that features original-oil-in-place. The Company has Shaunavon properties in the Chambery field which produces crude oil from the upper Shaunavon formation under waterflood. It also has assets in the Prespatou area of Northeast British Columbia, which consists of natural gas and associated natural gas liquids.
Financial Overview
For the three months ended 31 March 2022, Bonterra Energy Corp revenues increased 79% to C$81.2M. Net income totaled C$10.5M vs. loss of C$1.7M. Revenues reflect Crude Oil Production (Barrels) increase of 8% to 677K barrels, Oil Equivalent Production (Units/day), T increase of 12% to 13K barrels per day, Oil and gas sales increase of 88% to C$91.5M, Deferred consideration increase of 3% to C$295K.
Employees: 36 as of Dec 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $574.09M as of Mar 31, 2022
Annual revenue (TTM): $263.04M as of Mar 31, 2022
EBITDA (TTM): $182.43M as of Mar 31, 2022
Net annual income (TTM): $191.50M as of Mar 31, 2022
Free cash flow (TTM): $46.31M as of Mar 31, 2022
Net Debt Last Fiscal Year: $234.60M as of Mar 31, 2022
Shares outstanding: 36,153,234 as of Jun 3, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization