Despite posting lower production during the quarter as a result of shut-in volumes, cash flow was in line with our estimate and the consensus estimate as royalties came in lower than anticipated, while costs savings hit the tape in terms of both operating expenses and G&A.

14 May 2015
Bonterra Energy Corp. First Quarter Results, Behind on Production, Cash Flow In Line

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Bonterra Energy Corp. First Quarter Results, Behind on Production, Cash Flow In Line
Bonterra Energy Corp. (BNE:TSE) | 0 0 1.5% | Mkt Cap: 460.0m
- Published:
14 May 2015 -
Author:
Michael Hearn -
Pages:
7 -
Despite posting lower production during the quarter as a result of shut-in volumes, cash flow was in line with our estimate and the consensus estimate as royalties came in lower than anticipated, while costs savings hit the tape in terms of both operating expenses and G&A.