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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
 
Company Contact
Address: Suite 901, 1015-4th Street SW
CALGARY AB T2R 1J4
Tel: N/A
Website: https://www.bonterraenergy.com
IR: See website
Key People
Patrick G. Oliver
President, 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 operates through development and production of oil and natural gas in the Western Canadian Sedimentary Basin segment. Its operating areas include Pembina Cardium and other areas, which include Saskatchewan and Northeast British Columbia. The Company is focused on the development of the Pembina and Willesden Green Cardium lands within central Alberta. It has Shaunavon properties in the Chambery field, which produce medium density crude oil from the upper Shaunavon formation under waterflood. It also has assets in the Prespatou area of northeast British Columbia, which consists almost entirely of natural gas and associated natural gas liquids. It also has an undeveloped Charlie Lake asset that is prospective for light oil in Bonanza, Alberta. The Company has over 116 net sections of contiguous land in the light oil prone Charlie Lake.
Financial Overview
For the fiscal year ended 31 December 2023, Bonterra Energy Corp revenues decreased 15% to C$274.1M. Net income decreased 43% to C$44.9M. Revenues reflect Oil and gas sales decrease of 17% to C$319.5M, Deferred consideration decrease of 13% to C$1M. Net income also reflects Interest Exp-Net of Capitalized Intere increase from C$1.4M to C$13.2M (expense), Government grant in-kind decrease of 79% to C$782K (income).
Employees: 38 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $368.24M as of Dec 31, 2023
Annual revenue (TTM): $274.12M as of Dec 31, 2023
EBITDA (TTM): $174.93M as of Dec 31, 2023
Net annual income (TTM): $44.94M as of Dec 31, 2023
Free cash flow (TTM): $13.71M as of Dec 31, 2023
Net Debt Last Fiscal Year: $137.79M as of Dec 31, 2023
Shares outstanding: 37,264,975 as of Apr 2, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization