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Bonterra Energy ( (TSE:BNE) ) has shared an announcement.
Bonterra Energy Corp. recently released its 2024 independent reserve report, which highlights significant growth in its oil and gas reserves, attributed to successful capital programs and efficient operations. Despite lower commodity prices, Bonterra’s focus on disciplined capital allocation has resulted in increased reserves across all categories, improved recycle ratios, and a strong net present value for future net revenue, reinforcing its stable market position.
More about Bonterra Energy
Bonterra Energy Corp. is an energy company operating primarily in the oil and gas industry, focusing on the development and production of oil and natural gas reserves. The company is known for its disciplined capital allocation across its key asset bases in the Cardium, Charlie Lake, and Montney regions.
YTD Price Performance: -6.28%
Average Trading Volume: 13,952
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $93.78M
For an in-depth examination of BNE stock, go to TipRanks’ Stock Analysis page.