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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
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 six months ended 30 June 2021, BonterraEnergy Corp revenues increased 73% to C$98.7M. Net incometotaled C$155.7M vs. loss of C$290.6M. Revenues reflectCrude Oil Production (Barrels) increase of 13% to 1.3Mbarrels, Oil Equivalent Production (Units/day), T increaseof 21% to 12K barrels per day, Oil and gas sales increaseof 78% to C$108M, Deferred consideration increase of 28% toC$607K.
Employees: 36 as of Dec 31, 2020
Reporting Currency: Canadian Dollars
Enterprise value: $481.17M as of Jun 30, 2021
Annual revenue (TTM): $156.53M as of Jun 30, 2021
EBITDA (TTM): $87.38M as of Jun 30, 2021
Net annual income (TTM): $139.39M as of Jun 30, 2021
Free cash flow (TTM): -$14.16M as of Jun 30, 2021
Net Debt Last Fiscal Year: $310.66M as of Jun 30, 2021
Shares outstanding: 33,676,442 as of Aug 3, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization