Impact: Slightly positive. The Company has responded to a continued deterioration in commodity prices by focusing on maintaining balance sheet strength via a reduction of capital spending and a right-sized dividend while maintaining prior production estimates, relative to what the Company had previously alluded to.
18 Dec 2015
BONTERRA ENERGY CORP. (BNE) ANNOUNCES 2016 CAPITAL BUDGET, OPERATIONS UPDATE AND DIVIDEND ADJUSTMENT
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BONTERRA ENERGY CORP. (BNE) ANNOUNCES 2016 CAPITAL BUDGET, OPERATIONS UPDATE AND DIVIDEND ADJUSTMENT
Bonterra Energy Corp. (BNE:TSE) | 0 0 1.5% | Mkt Cap: 460.0m
- Published:
18 Dec 2015 -
Author:
Michael Hearn -
Pages:
2
Impact: Slightly positive. The Company has responded to a continued deterioration in commodity prices by focusing on maintaining balance sheet strength via a reduction of capital spending and a right-sized dividend while maintaining prior production estimates, relative to what the Company had previously alluded to.