Fourth quarter production volumes were previously reported with the Company’s year-end reserve release in February, with no other surprises included in the year- end results. Recall, Bonterra previously reported year-end reserves which were up ~13% on a 2P basis, while NPVs were up ~4% impacted by lower commodity prices. Management reiterated plans for capital spending of $40 mm in 2016e, with production expected to average ~12,500 boe/d. We have made very few changes to our forecast coming off  .... 
                                                            
                                                 
                    - 18 Mar 2016 
Year-end Results Contain no Surprises
 
    Sign up to access
Get access to our full offering from over 100 providers
Get access to our full offering from over 100 providers
Year-end Results Contain no Surprises
Bonterra Energy Corp. (BNE:TSE) | 0 0 1.5% | Mkt Cap: 460.0m
- Published: 18 Mar 2016 
- 
                                            
                                            
                                            Author:
                                                Michael Hearn 
- 
                                            
                                            Pages:
                                                7 
- 
                                              
                                                                Fourth quarter production volumes were previously reported with the Company’s year-end reserve release in February, with no other surprises included in the year- end results. Recall, Bonterra previously reported year-end reserves which were up ~13% on a 2P basis, while NPVs were up ~4% impacted by lower commodity prices. Management reiterated plans for capital spending of $40 mm in 2016e, with production expected to average ~12,500 boe/d. We have made very few changes to our forecast coming off  .... 
                                                            
                                                 
             
             
             
            