Impact: Positive. Bonavista's swap boosts corporate production over 10% compared to 2Q16e levels and adds drill ready inventory within its key play types while consolidating its core land holdings in exchange for its noncore Montney Blueberry asset that was previously part of the Company's longer term development strategy.
06 Sep 2016
ANNOUNCES STRATEGIC ASSET EXCHANGE
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
ANNOUNCES STRATEGIC ASSET EXCHANGE
Bonavista Energy (BNP:TSE) | 0 0 (-3.6%) | Mkt Cap: 351.8m
- Published:
06 Sep 2016 -
Author:
FirstEnergy Research Team -
Pages:
3
Impact: Positive. Bonavista's swap boosts corporate production over 10% compared to 2Q16e levels and adds drill ready inventory within its key play types while consolidating its core land holdings in exchange for its noncore Montney Blueberry asset that was previously part of the Company's longer term development strategy.