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Bonavista Energy Corporation (T:BNP)

Business Focus: Oil & Gas Exploration and Production

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
See Regulatory Filings on SEDAR
Company Contact
Address: 1500-525 8 Ave SW
CALGARY AB T2P 1G1
Tel: N/A
Website: bonavistaenergy.com
IR: See website
Key People
Keith A. MacPhail
Chairman of the Board
Grant A. Zawalsky
Corporate Secretary
Jason E. Skehar
President, Chief Executive Officer, Director
Ronald J. Poelzer
Independent Vice Chairman
Dean M. Kobelka
Chief Financial Officer, Vice President - Finance
Bruce W. Jensen
Chief Operating Officer
Colin Ranger
Vice President - Operations
Lynda J. Robinson
Vice President - Human Resources and Administration
Rochelle Lee Estep
Vice President - Strategy and Planning
Scott Shimek
Vice President - Resource Development
   
Business Overview
Bonavista Energy Corporation is a resource company engaged in the acquisition, exploration, development and production of oil and natural gas assets. The Company's West Central Core Area is characterized by natural gas and light oil resources. West Central Core Area is located within the Western Canadian Sedimentary Basin (WCSB) between Calgary and Drayton Valley, Alberta. Its infrastructure in West Central Core Area includes over 2,800 kilometers of pipelines and approximately 40 facilities. Its Deep Basin Core Area contains multiple vertically stacked oil and natural gas reservoirs. Its Deep Basin Core Area is located within the WCSB between Edmonton and Fox Creek, Alberta. The Company's Deep Basin Core Area's production averages approximately 21,460 barrels of oil equivalent per day (boe/d). It has assembled a land position of approximately 295,110 net acres and identified over 300 horizontal drilling locations. Its assets are located in Alberta, British Columbia and Saskatchewan.
Financial Overview
For the three months ended 31 March 2020, Bonavista Energy Corp revenues decreased 26% to C$82.9M. Net loss increased from C$40.1M to C$456.8M. Revenues reflect Natural Gas segment decrease of 24% to C$48.5M, Natural Gas Production, Total decrease of 5% to 24.56B cubic feet, Oil Equivalent Production (Bls/D)DeepBa decrease of 23% to 19K barrels per day.
Employees: 183 as of Dec 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $325.31M as of Mar 31, 2020
EBITDA (TTM): $131.01M as of Mar 31, 2020
Net annual income (TTM): -$806.64M as of Mar 31, 2020
Free cash flow (TTM): $7.90M as of Mar 31, 2020
Net Debt Last Fiscal Year: $846.78M as of Mar 31, 2020
Shares outstanding: 266,195,000 as of May 13, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization