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Bonterra Energy Corp. (T:BNE)

Business Focus: Oil & Gas Exploration and Production

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
Chairman of the Board, 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. (Bonterra) is an oil and gas company. The Company is focused on the development of its Cardium land within the Pembina and Willesden Green areas located in central Alberta. The Company is engaged in the development and production of oil and natural gas in the Western Canadian Sedimentary Basin. The Company's assets consist of crude oil and natural gas assets. Its oil and gas properties include Pembina and Willesden Green Area, Shaunavon Area and Prespatou Area. The Pembina and Willesden Green Cardium fields are its properties located in central Alberta. The Shaunavon properties are located in the Chambery field and produce medium density crude oil from the upper Shaunavon formation under waterflood. All of Bonterra's oil and natural gas properties are located in the Provinces of Alberta, Saskatchewan and British Columbia. Bonterra's oil and natural gas properties yielded average production is 12,650 barrels of oil equivalent (BOE) per day.
Financial Overview
For the nine months ended 30 September 2019, Bonterra Energy Corp revenues decreased 17% to C$141.2M. Net income before extraordinary items decreased 76% to C$4.4M. Revenues reflect Crude Oil Production (Barrels) decrease of 11% to 2M barrels, Oil Equivalent Production (Units/day), T decrease of 8% to 12K barrels per day, Oil and gas sales decrease of 19% to C$152M, Deferred consideration decrease of 13% to C$927K.
Employees: 38 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $398.67M as of Sep 30, 2019
Annual revenue (TTM): $172.77M as of Sep 30, 2019
EBITDA (TTM): $97.21M as of Sep 30, 2019
Net annual income (TTM): -$6.54M as of Sep 30, 2019
Free cash flow (TTM): $18.13M as of Sep 30, 2019
Net Debt Last Fiscal Year: $302.84M as of Sep 30, 2019
Shares outstanding: 33,388,796 as of Sep 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization